Sale of SCPA SIVEX INTERNATIONAL to the Louis Dreyfus Commodities Group

Article Contrats commerciaux et internationaux Droit de la concurrence, consommation et distribution Droit public et commande publique Droit du travail et de la protection sociale Droit de la propriété intellectuelle, média et art Droit de l’environnement IT et données personnelles Droit européen Corporate - M&A Gestion patrimoniale Droit fiscal Private Equity | 07/02/11 | 1 min. | Valéry Denoix de Saint Marc Xavier Rohmer Philippe Durand Mahasti Razavi Hélène Billery

August & Debouzy acted for Entreprise Minière et Chimique S.A. (EMC SA) in connection with the sale by privatization of the entire share capital of SCPA SIVEX INTERNATIONAL to the Louis Dreyfus Commodities Group, a worldwide leader in the trade, transformation and marketing of agricultural products and raw materials.

SCPA SIVEX INTERNATIONAL, a subsidiary of the state-owned EMC Group, specializes in the transformation, distribution and trade of fertilizers, phytosanitary products and chemical products and developed its business mainly in Central and Western Africa where it is a leader in some of these countries, particularly Cameroon, the Ivory Coast and Ghana.

Valéry Denoix de Saint Marc, partner in August & Debouzy’s corporate department, coordinated the firm’s teams which advised on the negotiations with the various candidates for the acquisition (Christopher Allen, Isabelle de Hoop Scheffer), tax law issues (Xavier Rohmer, Céline Da Mota), labor and employment issues (Philippe Durand, Maricaroline Sinet) and on the due diligence for the transaction (Mahasti Razavi, Chloé Minet for commercial agreements, Dominique de Combles de Nayves, Hélène Billery for the regulatory aspects and Véronique Dahan for the intellectual property aspects). Cécile Menu-Eisenchteter also advised the company on competition and antitrust issues.