View source for ONA Group

{{Short description|Moroccan enterprise}}
{{hatnote|This article is about the defunct company ONA, for its successor entity see [[Société Nationale d'Investissement]]}}
{{infobox company
| name             = ONA Group
| logo             = ONA Group company logo.png
| successor        = [[Societe Nationale d'Investissement]]
| foundation       = 1934
| founder          = Jean Epinat
| defunct          = 2010
| location_city    = Casablanca
| website = www.ona.com
| location_country = Morocco
}}
The '''ONA Group''' ('''Omnium Nord-Africain''', Arabic: مجموعة أونا) is a defunct Moroccan [[holding company]] 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.<ref>{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=135415|title=ONA|website=[[Bloomberg News]]|date=6 July 2023 }}</ref>
ONA Group was structured around several activities: Mining, [[Agribusiness]], Distribution, Financial Services, Telecommunication, Renewable Energies, and Growth Drivers, etc.<ref name=":1" />
The group and its successor promote various cultural programs, local and foreign arts and artists through the charitable foundation Fondation ONA.<ref>{{Cite news|url=http://aujourdhui.ma/culture/ona-une-fondation-pour-la-culture-47073|title=ONA : une Fondation pour la culture|work=Aujourd'hui le Maroc|access-date=2017-08-26|language=fr-FR}}</ref>
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.
== History ==
The Compagnie Générale de Transport et de Tourisme was created in 1919 by Jean Épinat. In 1928, it became an exclusive agent of General Motors in Morocco until 1945.<ref name=":0">http://piketty.pse.ens.fr/files/Barbe2016.pdf {{Bare URL PDF|date=March 2022}}</ref>
In 1934, it was rebranded into Omnium Nord Africain. During the same year, the ONA became a holding as it entered the mining sector.<ref name=":0" />
In 1953, after [[World War II]], all the assets of Jean Épinat became under the control of The Banque de Paris et des Pays-Bas ([[Paribas]]). [[Hassan II of Morocco|King Hassan II]] bought Paribas’ shares in ONA and became the main shareholder of the group in 1980.<ref name=":0" />
In 1982, the group started getting involved in various sectors including dairy products, sugar, banks, chemicals and textile. In 1986, ONA acquired shares in Lesieur Afrique and obtained nearly 40% of Banque Commerciale du Maroc (Morocco's Commercial Bank).<ref>{{Cite web |url=http://stockproinfo.com/doc/2006/MA0000010316_20061231_FR_1.pdf |title=Archived copy |access-date=2017-08-26 |archive-date=2017-08-26 |archive-url=https://web.archive.org/web/20170826234904/http://stockproinfo.com/doc/2006/MA0000010316_20061231_FR_1.pdf |url-status=dead }}</ref>
In 1988, ONA invested in the first pay-TV in the Arab world with [[2M TV|2M]].<ref>{{Cite web|url=https://sites.psu.edu/northafricacomm410/tag/omnium-nord-africain-group/|title=Omnium Nord-Africain Group {{!}} North Africa - COMM410 Regional Focus|website=sites.psu.edu|language=en-US|access-date=2017-08-26}}</ref>
In 1990, the group invested in the retail sector by opening its first hypermarket [[Marjane (business)|Marjane]] Bouregreg. In 2005, the group acquired Maroc Connect, the second internet provider in Morocco, which became Wana corporate<ref>{{Cite book|url=https://books.google.com/books?id=X9kcBzjUtrwC&q=ONA+acquired+maroc+connect&pg=PA213|title=The Report: Emerging Morocco 2007|publisher=Oxford Business Group|isbn=9781902339764|language=en}}</ref> and later Inwi in 2009.<ref>{{Cite news|url=http://www.maghress.com/fr/lesechos/6433|title=Le lancement Inwi, comme si vous y étiez !|work=Maghress|access-date=2017-08-26}}</ref>
In 2005, ONA launched [[Nareva]] Holding specialised in low carbon energy.
On March 25, 2010, the group announced that it will be going a strategic reorganisation, including its fusion with SNI and their withdrawal from [[Casablanca Stock Exchange]].
On December 31, 2010, the closure of ONA took place and its activities were integrated into Societe Nationale d'Investissement.<ref>{{Cite web|url=http://www.moroccobusinessnews.com/Content/Article.asp?idr=18&id=1466|archive-url=https://web.archive.org/web/20170824175704/http://www.moroccobusinessnews.com/Content/Article.asp?idr=18&id=1466|url-status=usurped|archive-date=August 24, 2017|title=ONA, SNI merger audacious operation|website=www.moroccobusinessnews.com|access-date=2017-08-26}}</ref>
== Activities by sector (2009) ==
The holding diversified its activity sector by engaging in several industries:<ref name=":1">{{Cite web|url=http://www.ide.go.jp/English/Data/Africa_file/Company/Morocco01.html|title=Omnium Nord Africain (ONA)}}</ref>
'''Food industry (51.5% of turnover)'''
* Centrale Laitière: Dairy products (sold to [[Danone]] in 2012)
* Fromagerie des Doukkala: Cheese
* Cosumar: Sugar
* Lesieur Cristal: Oils (sold to Sofiprotéol in 2012)
* Bimo: Biscuits (sold to [[Mondelez International|Kraft Foods]] in 2012)
* Sotherma: Mineral water
* CMB plastique: Plastic packaging
* Sea food products
'''Distribution (40.5% of turnover)'''
* [[Marjane (business)|Marjane]]: Retail outlet, shopping centre
* [[Acima]]: Retail outlet, shopping centre<ref>{{Cite news|url=http://www.leconomiste.com/article/lona-poursuit-le-developpement-des-metiers-strategiques|title=L'ONA poursuit le développement des métiers stratégiques|date=2003-09-29|work=L'Economiste|access-date=2017-08-26|language=fr}}</ref>
* [[Sopriam]]: Car distribution
* [[OPTORG]]: Distribution of industrial goods
'''Mines (6.1% of turnover)'''
* Groupe Managem: Mining operator in Morocco and Africa
* [[Sonasid]]: Steel industry
'''Growth drivers and holdings (1.5% of turnover) '''
* Inwi: Telecommunication operator
* Nareva: Energy and environment
* Onapar: Real estate holding
* Accolade: Call centre
* Archos Conseil:  Information system and management consulting (sold to Capital Consulting on January 18, 2010)<ref>{{Cite web|url=http://www.archos-conseil.com/|title=Capital Consulting a acquis 100% du capital d'Archos Conseil et ce depuis le 18 janvier 2010.}}</ref>
* NetCom: Business systems and Networks
'''Financial activities (0.4% of turnover)'''
* [[Attijariwafa Bank]]: First banking and financial group in the Maghreb and Africa<ref>{{Cite news|url=http://www.ilboursa.com/marches/attijariwafa-bank-elue--banque-africaine-de-l-annee--a-l-africa-ceo-forum_11233|title=Attijariwafa bank élue ''Banque africaine de l'année'' à l'Africa CEO Forum|work=ilboursa.com|access-date=2017-08-26|language=fr}}</ref>
* [[Agma Lahlou-Tazi]]: Risk management consulting and insurance brokerage in Morocco
== Shareholders (2009) ==
{| class="wikitable"
|Actionnaire
| %
|-
| [[Société Nationale d'Investissement]]
|35,05
|-
| [[Stock market]] flotation
|24,33
|-
| RMA Wataniya
|6,96
|-
| LAFICO
|5,95
|-
| MCMA/MAMDA
|5,27
|-
| Siger
|5,00
|-
| CIMR
|4,14
|-
| FIII
|2,85
|-
| [[Danone]]
|2,71
|-
| [[Banco Santander]]
|2,23
|-
| [[Attijariwafa Bank|Attijariwafa bank]]
|1,40
|-
| [[Wafa Assurance]]
|1,33
|-
| Société Générale
|1,15
|-
| AXA Assurance Maroc
|0,86
|-
| CMR
|0,56
|-
| ONHYM
|0,14
|-
| Zellidja
|0,04
|-
| Investima
|0,03
|}
== Previous presidents ==
* Fouad Filali (1986 – April 20, 1999)<ref>{{Cite news|url=http://www.maghress.com/fr/marochebdo/36903|title=Fouad Filali, un homme, un destin Retour|work=Maghress|access-date=2017-08-26}}</ref>
* Mourad Cherif (1999 – 2002)[http://stockproinfo.com/doc/2000/MA0000010316_2000_FR_1.pdf] {{Webarchive|url=https://web.archive.org/web/20170826234635/http://stockproinfo.com/doc/2000/MA0000010316_2000_FR_1.pdf |date=2017-08-26 }}
* Bassim Jaï Hokimi (2002 – 2005)<ref>{{Cite web|url=https://www.weforum.org/people/bassim-jai-hokimi/|title=Bassim Jaï Hokimi {{!}} World Economic Forum|website=World Economic Forum|access-date=2017-08-26}}</ref>
* Saâd Bendidi (February 2005 – April 2008)<ref>{{Cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=49856180&privcapId=252392116|title=Saâd Bendidi: Executive Profile & Biography - Bloomberg|website=www.bloomberg.com|access-date=2017-08-26}}</ref>
* Mouatassim Belghazi (April 11, 2008 – March 15, 2011)
==See also==
* [[Wana (Telecommunications)]] the third main telecommunication company in Morocco, a subsidiary of ONA.
* [[Mounir Majidi]]
* [[Mohammed VI of Morocco]]
==References==
{{Reflist}}
{{Mohammed VI}}
[[Category:ONA Group| ]]
[[Category:Defunct companies of Morocco]]
[[Category:Conglomerate companies of Morocco]]
[[Category:Holding companies of Morocco]]
[[Category:Mohammed VI of Morocco]]
[[Category:Société Nationale d'Investissement]]
[[Category:Telecommunications companies of Morocco]]
[[Category:Conglomerate companies established in 1934]]
[[Category:Financial services companies established in 1934]]
[[Category:Holding companies established in 1934]]
[[Category:Conglomerate companies disestablished in 2010]]
[[Category:1934 establishments in Morocco]]
[[Category:2010 disestablishments in Morocco]]
[[Category:Holding companies disestablished in 2010]]