Principaux dossiers

• Advised AXA Assurance Maroc on the acquisition of a 30% stake in Tenor Finances. The transaction was structured through several UCITS to comply with Moroccan insurance regulations before final transfer to AXA post-approval.
  
• Advised the Ladnany family on the sale of their equity stake in Brior Group to COLUMBUS 1. The transaction involved a strategic corporate reorganisation into a société anonyme, an innovative capital structuring mechanism, and bespoke governance frameworks.
  
• Advised a member of the Sefroui family on the sale of majority stakes in Afric Phar, Pharmis and Partner Lab, three key Moroccan pharmaceutical companies. The transaction included complex shareholding transfers, customised contractual mechanisms, regulatory compliance, and dual governance schemes.
  

Principaux dossiers

• Advised Saham Group on its acquisition of Société Générale Marocaine de Banques and La Marocaine Vie.
  
• Advised Holmarcom on the acquisition of the entire 78.7% stake held by Crédit Agricole SA in Crédit du Maroc.
  
• Advised Inwi on its historic partnership with Maroc Telecom and Etisalat in two joint ventures to accelerate fiber and 5G rollout in Morocco.
  

Principaux dossiers

• Advising the Office of Hydrocarbons and Mining in connection with various issues with their activities and partners in Morocco.
  

Principaux dossiers

• Advising a consortium formed by TE H2, A.P. Moller and Copenhagen Infrastructure Energy Transition Fund in connection with the development of the largest H2 project in Africa with an expected multibillion-dollar capex.
  
• Advised Abu Dhabi National Energy Company PJSC and Africa Finance Corporation on their respective equity investments in Xlinks First Limited.
  
• Advising OCP Group on the setting up of the largest hydrogen joint venture between OCP and Fortescue, the JV aims to supply green hydrogen, ammonia, and fertilisers to Morocco, Europe and international markets. It includes the potential development of manufacturing facilities and an R&D hub.
  

Principaux dossiers

• Advised the Brazilian conglomerate Votorantim Cimentos on the sale of its cement-related activities and assets in Tunisia and Morocco.
  
• Advising the majority shareholders of Baobab Group, including Apis Partners, Abler Nordic, and AXA IM Alts, on the sale of a controlling interest in Baobab Group, a micro-finance services provider in 7 African countries, to Beltone, a financial services provider focused on the MENA region and headquartered in Egypt.
  
• Advised M6FI on the acquisition from Siemens and Endesa of a minority stake in Energie Electrique de Tahaddart, a Moroccan company which develops and operates a combined cycle power plant in Morocco.
  

Principaux dossiers

Principaux dossiers

• Advised Admaius Capital Partners on the acquisition of St. Christopher Iba Mar Diop Medical School, one of the largest private medical training institutions in Francophone Africa, to foster a new generation of healthcare professionals in West Africa.
  
• Advised Norfund in its latest investment in CrossBoundary Energy, doubling its stake in the company to $80m. With this latest investment, Norfund aims to further scale sustainable energy projects, enhance energy accessibility, and contribute to economic growth in underserved regions.
  
• Advised Purple Hedge Resources in its acquisition of Compagnie Minière d’Oumejrane from Groupe Managem.
  

Principaux dossiers

• Advising global insurance giant Allianz SE on a €2 billion joint venture with Sanlam Group, creating a Pan-African insurer with operational assets across 29 African markets outside South Africa.
  
• Advised Demant A/S, a Danish hearing aid manufacturer that is listed on the Copenhagen stock exchange, on the sale of several subsidiaries to Australia-based Cochlear Limited.
  
• Acted for Maroc Telecom on the formation of two strategic joint ventures with telecom operator WANA: FiberCo and TowerCo, with a combined capitalisation of over €400 million. The transaction represents a landmark collaboration between Morocco’s two largest telecom operators, following years of legal disputes, and aligns with the country’s “Digital Morocco 2030” strategy to enhance digital infrastructure and broadband access nationwide.
  

Principaux dossiers

• Advised CDG Invest Growth and the founding shareholders in connection with the sale of all shares held in the share capital of Soludia Maghreb, the leading Moroccan company in haemodialysis products, to Sothema, one of the leading Moroccan pharmaceutical companies. The amount of the transaction was €100m.
  
• Advised Nama Fund I in 2 joint ventures in the military sector with foreign investors to build, finance and develop factories.
  
• Advised the shareholders of STAM in the sale of a majority of the share capital of STAM to TGCC, a listed Moroccan construction giant. This acquisition, carried out by STAM’s historical shareholders, is coupled with a capital increase that will allow STAM to boost its stake in VIAS to 80%. The entire transaction values the STAM Group at 4.3 billion dirhams.
   
   
  

Principaux dossiers

• Advising Société Générale in the context of the sale of its Moroccan operations, its stake in Société Générale Marocaine de Banques, including its subsidiaries and the sale of Sogecap’s stake in La Marocaine Vie to Saham Group.
  
• Advising Hightech Payment Systems, a provider of payment software and solutions listed on the Casablanca Stock Exchange, in relation to the acquisition of CR2, an Irish digital banking and payments software company.
  
• Advising the Moroccan Agency for Sustainable Energy on the next phases of Morocco’s ambitious solar plan.
  

Principaux dossiers

• Advised Leads.io group, a Dutch company specialising in software lead generation, on the acquisition of the minority shareholder’s stake in a Moroccan subsidiary of the Spanish group called Get Up Media Africa, a company which provides call centre services to the said Spanish group and which is owned by the UK subsidiary 75% and the local director 25%.
  
• Assisted CNX Therapeutics in the acquisition of two pharmaceutical products’ marketing authorisations in France and their corresponding registration decisions in Algeria. The transaction also included the sale of the brands associated with the drug in Morocco, Tunisia and Algeria.
  

Principaux dossiers

• Assisted Red Med Capital, a leading player in the Moroccan financial sector, in connection with the sale of minority stakes in two subsidiaries to Azimut Group, an Italian asset management company.
  
• Advised in connection with the sale of 100% of the share capital of ERAMEDIC to Dislog Dispositifs Médicaux, a subsidiary of Dislog Group, as part of the Group’s growth and development strategy in the healthcare sector.
  
• Assisting FFI to invest in and develop green energy projects with the Office Cherifien de Phosphate.
  

Principaux dossiers

• Advised Concentrix on Intra-group restructuring within an African project involving 13 Moroccan entities and a French entity of the group previously named Webhelp and on Consolidation of the capital ownership, governance reorganisation and the rebranding of the Moroccan entities pursuant to the global merger between the French group Webhelp and the American group Concentrix.
  
• Provided Corporate M&A to CFAO within their mobility activities, on intra-group restructuring between two subsidiaries and capital injection.
  
• Provided Corporate M&A to Aptiv in the context of a cross-border transaction consisting of an intra-group reorganisation to align and simplify the legal structure of certain companies of the Aptiv group, including 5 Moroccan subsidiaries.
  

Principaux dossiers

• Advised the Chaoui Family, founders and owners of Afric-Phar, as part of the sellers, in one the largest acquisitions in Morocco’s pharmaceutical sector, USD 220 million – the sale of leading companies Afric-Phar, Pharmis and Partner Lab to Pharma Capital, a subsidiary of the Sefrioui Group.
  
• Assisted CIM Santé Group, leader in integrated healthcare solutions, on the acquisition of Clinique Al Farabi following the Group’s recent expansion with the acquisition of Clinique Ville Verte and Clinique Oliviers.
  
• Assisted Capital Croissance, an investment fund managed by BMCE Capital Investments, a subsidiary of the Bank of Africa group, in its investment of USD 7.5 million in Building Logistics and Services, a subsidiary of H&S Invest Holding.
  

Principaux dossiers

• Advised Building Logistics & Services in the acquisition of a 100% stake in La Voie Express, a company leader in the logistic industry.
  
• Advised the founder of AFROBIOMEDIC  in the sale of a 100% stake in AFROBIOMEDIC to Dislog Dispositif Médicaux.
  
• Advised Botanic Pharma and its shareholder, Mr. Amine Tahiri, on the acquisition by Laprophan of a majority stake in Botanic Pharma.
  

Principaux dossiers