Gide advises Somdia (Castel Group) on the sale of two mills to Cadyst
Monday, 21 October 2024 14:02
Gide advised Somdia, a subsidiary of the French group Castel, on the sale of its wheat flour production units in Cameroon and Congo to the Cameroonian group Cadyst, headed by Célestin Tawamba. Completion of this transaction is subject to the usual conditions precedent and the approval of the relevant authorities.
The Gide team comprised Julien David and Nadège Nguyen, partners, Arthur Lemaitre and Grâce M'Vunda on M&A/corporate aspects; Emmanuel Reille, partner, on competition aspects; Elise Marie, of counsel, and Enora Guenon on IP aspects.
Cadyst was advised by Hogan Lovells.
About Gide
Gide is a French business law firm with an international dimension. Founded in Paris in 1920, the firm now operates out of 11 offices worldwide. It numbers 500 lawyers drawn from 35 different nationalities, recognised as among the most respected specialists in each of the various sectors of national and international business law. For over 50 years now, Gide has a long-standing presence in Africa. Made up of 90 lawyers dedicated to the continent, Gide Africa assists a wide range of clients and offer a high level of legal assistance tailored to each sector, country and area of law. gide.com
Live News
-
Guinea-focused Asara Resources adds Matthew Sharples to board
20:54
-
Africa Drives Global Air Freight Growth in March Despite Sharply Slower Expansion
20:37
-
Cameroon taps youth input for new migration policy at Yaoundé forum
20:26
-
ECOWAS ministers endorse draft legal framework to tackle maritime crime
20:03
-
Togo employers, unions sign new interprofessional collective agreement
20:00
-
South Sudan Declines to Renew Oranto’s B3 License After Senegal Precedent
19:12
-
Record Tungsten Prices Put Rwanda Ahead of DRC and on U.S. Supply Radar
18:55
-
Yaoundé Dialogue Reframes Migration as Economic System, Puts Youth at the Centre
19:12
-
Togo plans tighter checks, digital tools to tackle uninsured vehicles
06:02
-
Spiro Partners Yango Operator to Roll Out Electric Motorbikes in Douala
05:56
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Matthew Sharples, who has served as Asara Resources’ managing director for over a year, had not until now been directly involved in board deliberations....
Africa air freight volumes rise 7% in March 2026 Growth slows after strong January-February surge, key routes decelerate Global cargo declines amid...
South Sudan declines to renew Oranto’s oil block B3 contract Audit cites failure on seismic surveys and drilling commitments Block reopened to...
Tungsten prices surpass $3,000/tonne amid supply disruptions, China curbs Rwanda, DRC gain opportunities; Rwanda leads with higher output US...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....