T2S Holding Launches First Moroccan IPO of 2026 with More Than MAD 1 Billion Offering

Morocco’s capital market is witnessing its first initial public offering of 2026 as T2S Holding prepares to list its shares on the Casablanca Stock Exchange, following approval from the Moroccan Capital Market Authority under visa number VI/EM/021/2026.

The transaction represents a major milestone for both the company and the Moroccan financial market, reflecting growing investor interest in healthcare technology and innovative industrial sectors.

An IPO Worth More Than MAD 1 Billion

The total value of the offering is expected to reach MAD 1.099 billion. The transaction combines a capital increase through the issuance of new shares worth nearly MAD 350 million and the sale of existing shares totaling approximately MAD 750 million.

The offering price has been set at MAD 223 per share. Subscription opened on July 13 and continues until July 17, 2026, through participating banks and brokerage firms.

A Leading Moroccan MedTech Group

Founded in 1992, T2S Holding has established itself as one of Morocco’s leading integrated medical technology companies. Its activities include medical imaging, oncology solutions, operating room equipment, laboratory diagnostics, radiopharmaceutical production, healthcare IT systems and after-sales technical services.

The company employs 418 people and operates a central logistics platform in Casablanca, while serving healthcare institutions in Morocco and more than twenty African countries.

Growth Strategy Through 2030

T2S plans to strengthen its core businesses, introduce new technologies, expand internationally—particularly across Africa—and pursue targeted acquisitions. The IPO is expected to provide the financial resources needed to accelerate these ambitions.

The company’s strategy aligns with global trends in digital health and medical innovation. Industry insights can be found through the World Health Organization and MedTech Dive.

A Positive Signal for Morocco’s Capital Market

The listing of T2S Holding highlights renewed activity in Morocco’s stock market and demonstrates how local companies are increasingly using public markets to finance growth, improve governance and strengthen international competitiveness.