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

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...
Authorities investigate gaps between reported and actual fuel stock levels Suspected data manipulation may have created a false shortage...
Gisèle Mélanie Houngue appointed CEO of BGFIBank Benin, replacing Alexis Louéké Veteran of the group with over a decade in finance and audit...
World Bank backs industrial policy as a shield against compounding shocks — a landmark shift from the Washington Consensus orthodoxy it championed for...
Africa counts more than 1,000 tech hubs in 2024, up from fewer than 600 in 2019 Leading ecosystems in Kenya, Nigeria and Rwanda attract capital and...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...