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BID Group's Overview

Total employees881
HeadquartersCasablanca
Founded1924

COMACT (Compagnie Marocaine de Commercialisation de Coton et de Textiles), established in 1924, was a significant Moroccan company specializing in the cotton and textile industry. It played a crucial role in the processing, manufacturing, and commercialization of cotton and textile products in Morocco for over eight decades. The company was a major employer and contributor to the Moroccan economy in its sector. However, facing significant industry challenges and financial difficulties, COMACT was reported to have undergone liquidation proceedings around 2005-2006. This profile provides a historical overview of the company based on available information.

Where is BID Group's Headquarters?

HQ Function

Historically served as the central administrative, operational, and strategic hub for COMACT's extensive cotton processing and textile manufacturing activities, from raw material intake to finished goods.

Notable Features:

As a major textile enterprise, its headquarters and associated facilities would have likely included large-scale factory buildings for spinning, weaving, and finishing, warehouses, and administrative offices, characteristic of industrial complexes of its era.

Work Culture:

The work culture at COMACT's historical industrial sites would have likely been typical of large manufacturing entities of the 20th century, emphasizing production efficiency, structured work processes, and a large labor force engaged in various stages of textile production.

HQ Significance:

The headquarters was highly significant as the operational core of one of Morocco's leading textile companies, contributing substantially to the nation's industrial output, employment, and the development of the textile sector for many years.

Values Reflected in HQ: Historically, the headquarters would have reflected values of industrial scale, national production (utilizing local cotton where possible), technological application in manufacturing, and contribution to economic development.

Location:

While primarily focused on the Moroccan domestic market, COMACT likely engaged in international trade, including the potential export of its textile products to various markets and possibly the import of raw materials or machinery. Detailed information on specific historical international offices or the extent of its global operations is not readily available post-liquidation.

Street Address:

Specific historical street address is not readily available, but it was likely located within one of Casablanca's established industrial zones focused on textile manufacturing.

City:

Casablanca

State/Province:

Casablanca-Settat (historically within Grand Casablanca region)

Country:

Morocco

BID Group's Global Presence

Buying Intent Signals for BID Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
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Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of BID Group

As of April 2025, BID Group' leadership includes:

Investors of BID Group

BID Group has been backed by several prominent investors over the years, including:

Information on specific historical investors is not publicly detailed. Ownership likely included private Moroccan interests and potentially state involvement or investment at various points in its long history, common for major national industries of that era.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

No executive movements are applicable in the last 12 months as COMACT was liquidated circa 2005-2006. Information on specific historical executive hires or exits prior to its cessation of operations is not systematically compiled in publicly accessible records.

Technology (Tech Stack) used by BID Group

Discover the tools BID Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

BID Group Email Formats and Examples

As COMACT ceased operations around 2005-2006, before modern corporate email directory formats became widely public or indexed, and given its nature as a historical industrial entity, specific official email formats are not available or applicable.

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Format

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News and media

L'EconomisteNovember 9, 2005

Textile: Comact et Cotonnière marocaine liquidées (Textile: Comact and Cotonnière Marocaine liquidated)

Moroccan financial newspaper L'Economiste reported in November 2005 that COMACT, along with Cotonnière Marocaine, was facing liquidation. This marked a significant downturn for these historical players in the Moroccan textile industry, attributed to market challenges and financial issues....more

General Industrial HistoryHistorical (Operational 1924 - c. 2005)

COMACT's Role in Moroccan Textile Industry

For much of the 20th century, COMACT was a cornerstone of the Moroccan textile sector. Founded in 1924, it contributed to the industrialization of the country, processing local cotton and manufacturing a range of textile goods, providing employment and supporting related agricultural sectors....more

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