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Client highlights
Acquisition of a ready-mix mortars manufacturer serving the construction industry in Egypt
Establishment of insurance businesses in 9 African jurisdictions
Advising Saint-Gobain on its 100 per cent acquisition of United Paints and Chemicals S.A.E. ("Drymix"), being one of the largest ready-mix mortars manufacturers which offers a large portfolio of products, services and training programmes for craftsmen in Egypt.
Advising a major international insurer on all aspects of its expansion across nine countries in Africa, including Kenya and Tanzania.
POPIA compliance assessments
Tanzania's largest mining contractor
Performing in-depth POPIA compliance assessments for a leading South African automotive group.
Advising Taifa, Tanzania's largest mining contractor, on its acquisition of 50 per cent of Petra Diamonds’ holding in Tanzania’s Williamson Diamond Mine.
Advising Monarch Insurance on its disposal of a majority equity stake to Holmarcom
Ascent Capital Africa on its exit from Guardian Health Ltd
Advising Monarch Insurance, a major Kenyan underwriter, on its disposal of a majority equity stake to Moroccan conglomerate, Holmarcom.
Advising Ascent Capital Africa, on its exit from Guardian Health Ltd, Uganda’s largest and fastest growing pharmacy chain, to MyDawa Trading Limited, Kenya’s first online retail pharmacy and beauty platform. This deal was also awarded East Africa Private Equity Deal of the Year by DealMakers Africa Awards 2023.
Adenia Partners and Africa Biosystems
Advising Adenia Partners, one of the largest pan-African private equity funds, on its USD 20 million acquisition of Africa Biosystems Limited – the region’s largest healthcare/life sciences distributor.
Pre-IPO financing for a large mining client in South Africa
Acquisition of Tanzania’s largest dairy company
Advising a large mining client on several rounds of pre- IPO/IPO financing around a coal resource in South Africa.
Advising Dutch Oak Tree Foundation, a UK registered charity, on its acquisition of shares in Tanga Fresh Limited, the largest dairy company operating in Tanzania.
Divestment of North African insurance assets
Tax advisory to a local shipping subsidiary
Advising one of the largest Saudi Arabian insurance companies on its divestment of assets across the Middle East & North Africa, particularly Algeria.
Provided tax advisory services to the local subsidiary of a shipping company involving a tax decision of GHS 84,000,000.
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