ADNA advises Butec Group on the acquisition of ENGIE Services Maroc in Morocco
Friday 22 April 2022
ADNA has advised Butec Group on the acquisition of Engie Services Maroc and Cofely Tangier, the largest transaction of the 17 acquisitions of ENGIE Group in Africa operating in the fields of energy efficiency, maintenance, heating, ventilation and air conditioning, green mobility, multi-technical maintenance as well as facility management.
Safia Fassi-Fihri, ADNA Partner in Casablanca, Morocco commented “ADNA is pleased to have advised Butec Group along with Linklaters on this important pan-African matter which demonstrated our great strength advising on complex transactions”.
The operation involved more than fifteen countries including ENGIE Services Maroc in Northern Africa, ENGIE Services Cote d’Ivoire (Tieri), Afric Power and ENGIE Burkina Faso in Western Africa and ENGIE Ampair / Thermaire in Southern Africa.
Butec Group was advised by ADNA and Linklaters in Morocco. The ADNA team was led by Partner Safia Fassi-Fihri (Casablanca) and Associate Dina Benjelloun (Casablanca).
Engie Group was advised by Herbert Smith Freehills
Safia Fassi-Fihri, Partner ADNA (Casablanca)
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