IFLR1000

Mediterrania Capital Partners led consortium €55 million acquisition of stake in TGCC

15/1/2018
Private acquisition
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€ 55 million

$ 67.415 million

Completed

15/1/2018

Overview:

  • A consortium of investors led by private equity house Mediterrania Capital Partners acquired a stake in Morocco's largest construction company Travaux Généraux de Construction de Casablanca (TGCC) for €55 million.

Ben Naylor - Regional editor

Jurisdiction:

Morocco

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

Morocco

Industry sector:

Construction and materials

Firms:
Dentons Sayarh & Menjra

Party: DEG (Acquirer)

Party: Proparco (Acquirer)

Party: Mediterrania Capital Partners (Acquirer)

Party: South Suez (Acquirer)

Naciri & Associés Allen & Overy

Party: Travaux Généraux de Construction de Casablanca (TGCC) (Target)

Lawyer: Hicham Naciri

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