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

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...
Senegal launches Agropole Centre to boost central-region agro-processing CFA 107.4 billion project targets cereals, peanuts, salt value addition Zone...
Standard Chartered finalized a FCFA 51.7 billion ($86 million) loan to build rubber and palm oil factories for the state-owned CDC. Repayment is...
In this week’s health update, the Africa CDC is turning to drone-based logistics to expand access to vaccines and essential medicines, while researchers...
Islamic Development Bank funds €306.9 million Benin-Togo corridor road upgrade Project modernises key Cotonou-Lomé trade route, easing...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...