Africa-focused private equity fund manager Development Partners International (DPI) has acquired a majority stake in Morocco-based irrigation systems company Compagnie Marocaine de Goutte à goutte et de Pompage (CMGP) for US$100 million. DPI purchased the stake through African Development Partners II from CMGP’s founding Moamah family and Amethis Maghreb Fund I, a North Africa-focused fund managed by private investment firm Amethis Finance. CMGP manufactures, distributes and integrates irrigation equipment systems primarily for Morocco-based agriculture and infrastructure companies. Through its partnership with DPI, the company plans to diversify its product offerings and expand into other markets in Africa.