Advised on sale of a majority stake in the company

Consumer & Retail

Diana Holding

Moroccan industrial holding company Morocco

Acquired a Majority Stake in the Company

SOCIETE ATLANTIC SARDINE ANCHOVIES TANTAN (« ASAT »)

Producer & exporter of canned sardines & mackerels Morocco

Advised Societe Atlantic Sardine Anchovies Tantan, a subsidiary of El Jabri, on its sale to Diana Holding

Advised Societe Atlantic Sardine Anchovies Tantan, a subsidiary of El Jabri, on its sale to Diana Holding. The group up till now was investing in sectors such as agriculture, husbandry or soft drinks. Diana Holding will invest in the construction of a sardine-mackerel manufacturing unit in Agadir. Output from this plant will be exported mostly to Europe and USA.

 

 

 

 

 

 

 

Experts who worked on the transaction