This article is about the defunct company ONA, for its successor entity see Société Nationale d'Investissement
ONA Group
Founded
1934
Founder
Jean Epinat
Defunct
2010
Successor
Societe Nationale d'Investissement
Headquarters
Casablanca
,
Morocco
Website
www.ona.com
The ONA Group (Omnium Nord-Africain, Arabic: مجموعة أونا) was established in 1934 and dissolved in 2010 and succeeded by Societe Nationale d'Investissement.
ONA was an industrial, financial and services conglomerate, focused on positions of leadership and value creation in business activities contributing to the growth and sustainable development of Morocco, the Maghreb Region and the African Continent.[1]
ONA Group was structured around several activities: Mining, Agribusiness, Distribution, Financial Services, Telecommunication, Renewable Energies, and Growth Drivers, etc.[2]
The group and its successor promote various cultural programs, local and foreign arts and artists through a charitable foundation "Fondation ONA".[3]
In March 2010, ONA announced its merger with Societe Nationale d'Investissement. As a result of the merger, the two companies have been delisted from the Casablanca stock market, and the ONA agri-business branches have been disposed of. This reorganisation has transformed the conglomerate into an investment company that gives larger autonomy to its subsidiaries in the management of their affairs.
^"ONA". Bloomberg News. 6 July 2023.
^Cite error: The named reference :1 was invoked but never defined (see the help page).
^"ONA : une Fondation pour la culture". Aujourd'hui le Maroc (in French). Retrieved 2017-08-26.
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