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
-
Zambia Unveils National Strategy to Protect Young Internet Users
06:18
-
Togo’s Edomatch Targets Faster Hiring With Mobile Recruitment Platform
06:09
-
Hussein Wahdan Automates Enterprise HR Management
06:00
-
Guinea Seeks to Modernise Its Civil Service to Meet Labour-Market Needs
05:59
-
Yttrium: Prices Surge 3,500% for a Metal South Africa Plans to Produce
05:55
-
Maersk to Resume Suez Canal Transit in December
05:48
-
Cameroon: AGL Invests $1.8 Million in New Equipment
05:45
-
FSD Africa Rolls Out $30Mln Fund for African Insurtech Innovators
14:14
-
Access Bank, in Partnership with IFC and AGF, launches Cameroon’s First-Ever Womenpreneur Pitch-A-Ton
13:42
-
Codias Reports 16.7 kg of Gold from New Colomine Underground Mine
10:54
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...
Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
The government launched FUGAS, a new digital administrative and payroll system, as a strategic reform tool. The initiative forms part of a broader...
Yttrium oxide prices jumped from $6/kg to $220–320/kg after China restricted exports. South Africa prepares to enter medium-term yttrium...
Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. The Suez Canal Authority has cut transit fees by 15%...
AGL Cameroon invested CFA1 billion ($1.8 million) in new port equipment. The company has already spent more than CFA8 billion on equipment in...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...