Danish investment company AP Moller Holding is putting money into helping a Moroccan terminals company expand across Africa.

Group subsidiary AP Moller Capital has acquired a 49% stake in Casablanca-based Mass Cereales al Maghreb (MCM), for an undisclosed fee.

Domestic company Holding Marocaine Commerciale et Financiere (Holmarcom) has the rest.

MCM provides handling and storage services for grain bulk cargoes at the ports of Casablanca and Jorf Lasfar.