ADNA > Casablanca, Morocco > Firm Profile

ADNA
6, rue Fnideq
Casablanca
Morocco

Morocco > Commercial, corporate and M&A Tier 2

The corporate and M&A team at ADNA stands as a reliable partner, offering unwavering support to clients throughout every phase of a company’s life cycle. Leading the team is Safia Fassi-Fihri, a specialist in joint ventures and capital market transactions who recently advised the International Finance Corporation on a high-value financing in Crédit du Maroc. Other notable names include senior associate Dina Benjelloun, who supports Fassi-Fihri on several M&A matters for listed companies and investment funds.

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Other key lawyers:

Testimonials

‘Safia Fassi-Fihri is a highly competent lawyer, with deep knowledge in her area of expertise and a strong team to support her to complement her offering for businesses in the market.’

‘Safia is a lawyer that juggles well the balance between business needs and the legal framework to ensure her clients are well mitigated from risks.’

‘The partners are reachable and add value to the discussions. They also commit themselves personally to move forward in the files they deal with.’

‘Very broad knowledge of the market.’

‘The team is above all available and very very responsive. The strengths of ADNA collaborators are understanding the business in question, identifying the problem raised, calculating the risks and proposing legally practical options.’

‘The team is full of talents and above all has an exceptional ability to listen.’

Key clients

International Finance Corporation (IFC)

Helios

AfricInvest

Butec Group

Allianz

Sanlam

Africa 50

EMID

Sabis Group

Cofina Group

China Communications Construction Company (CCCC)

Work highlights

  • Advising Sanlam in relation to the merger of its insurance activities in Africa with those of Allianz; ADNA Morocco team has worked on the deal in twelve francophone jurisdiction (not only Morocco).
  • Advising Butec Group on the acquisition of Engie Services Maroc and Cofely Tangier, the largest transaction of the seventeen 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.
  • Advising International Finance Corporation on the subscription of a minority equity stake in Holmarcom Insurance Activities, the holding company of Atlanta Sanad, a leading listed insurance company in Morocco.

Morocco > Banking, finance and capital markets Tier 3

As a member of the Africa Legal Network, the ADNA banking and finance team often conducts cross-border transactions across the continent, with recent examples including advising on matters in Ethiopia, Lebanon, and Egypt. Safia Fassi-Fihri heads the practice with her strong expertise in credit financing, often acting for both lenders and borrowers on large multijurisdictional transactions between Africa and Europe.

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Key clients

Abn Amro Bank N.V

Cooperatieve Rabobak U.A

Ing Bank N.V

Abn Amro Asset Based Finance N.V

Rabo factoring B.V

Ing commercial finance B.V.

Proparco

Office National des Aéroports (ONDA)

European Bank for Reconstruction and Development (EBRD)

Allianz

International Finance Corporation

Work highlights

  • Advised IFC in relation to the 50,000,000 USD financing in Crédit du Maroc.
  • Advised Abn Amro Bank N.V, Cooperatieve Rabobak U.A, Ing Bank N.V, Abn Amro Asset Based Finance N.V, Rabo factoring B.V, Ing commercial finance B.V.as lenders in relation to a loan to Klaas Puul.
  • Advised PROPARCO, as lender, in connection with a EUR 65,000,000 secured and real estate credit facility granted to MISSION LAIQUE FRANCAISE, a French non-profit association recognized as a public utility, heads a network of 112 French educational establishments abroad with over 60,000 students in 39 countries.

Morocco > Employment Tier 3

Leveraging its pan-African network, ADNA assists clients across Francophone Africa with a wide range of mandates, including collective redundancies and partnerships, and day-to-day HR matters. The team is also adept at handling contentious labour disputes and major workplace investigations. The team is led by Safia Fassi-Fihri, who has broad experience in assisting international clients with a broad range of employment issues.

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Key clients

EMID

BUTEC

SABIS

CELLULANT

Nell’Armonia

DAHUA

Work highlights

Morocco > Tourism and real estate Tier 3

ADNA advises a range of international corporations, contractors, and financiers in their operations in Morocco, including real estate and construction issues. Safia Fassi-Fihri leads the practice. Fassi-Fihri is currently engaged in drafting and negotiating construction documents for Sabis to up a new international network of schools in Morocco, as well as assisting Chinese construction companies in drafting and negotiating the development and operation of the Tanger Tech Free Zone in Morocco.

Practice head(s):

Key clients

China Communications Construction Company (CCCC)

EMID

SABIS

Helios

Work highlights

  • Advising on the joint venture between China Communications Construction Company and China Road and Bridge Corporation with BMCE (Moroccan bank) and TMSA (governmental agency) – in relation to the development and operation of Tanger Tech Free Zone in Morocco.
  • Advising Sabis in relation to the setting up of a new international network of K12 schools in Morocco, as well as in the implementation of a joint venture with a local partner.

Algeria > Commercial, corporate and M&A Tier 1

ADNA is active across the gamut of corporate and commercial work in Algeria, assisting domestic and international companies and investment funds in setting up companies, share capital increases and reductions, M&A, privatisations and dissolutions. The firm has carved out an exceptional reputation in a number of key growth sectors within the region, including telecoms, transport, automotive, pharmaceuticals and agribusiness. Practice head Foued Bourabiat is renowned in the market as an M&A specialist, especially in deals with a cross-border aspect. Fayçal Zedek also comes highly regarded.

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Other key lawyers:

Testimonials

‘Great team. Passionate about their work and practice. They take pride in providing commercial and solution-oriented advice. They are our go-to firm.’

‘Foued is a real star.’

Key clients

Air Products

BNP Paribas

Emerging Capital Partners

The Carlyle Group

DP World

Edison

Development Partners International (DPI)

Fruital (Coca-Cola)

Cevital

Occidental Petroleum

International Finance Corporation (IFC)

Honaine/Aguas de Skikda (Abengoa)

Myah Bahr

Danieli

FMO

OPIC (now DFC)

Samsung C&T

Suez

Jamjoom Pharmaceuticals

Numidis

Neptune Energy

Procter & Gamble

CVC Capital Partners

China Investment Corporation

Nestlé

Azadea

Fruital (Coca-Cola)

Volotea

Airbus

Oracle

Geodis

Lenovo

Jotun

Al Ghurair Group

Work highlights

  • Advised on the Algerian aspects of the multibillion acquisition of Neptune, including all due diligence and Algerian law regulatory aspects.
  • Advised on the acquisition of BP’s two gas-producing concessions “in Amenas” and “in Salah” jointly operated with Sonatrach and Equinor.
  • Acting for a major soft drink company in connection with a combination with a competitor in the Algerian market, including auditing the target and structuring the deal.

In June 2021, four well established African firms including Bourabiat Associés (Algeria), Emire Partners (Côte d’Ivoire), SD Avocats (Guinea), BFR & Associés (Morocco), merged to create one fully integrated law firm called ADNA. ADNA is also a member of the award-winning Africa Legal Network (ALN), which provides a bridge between Anglophone and Francophone Africa. ALN has an expansive and growing coverage of jurisdictions in Africa.

ADNA is comprised of legal entrepreneurs that have created a strong independent and integrated law firm for Africa, spanning from North to West Africa, with a Pan African vision, a wide international expertise and an extended network.

Encompassing over 45 years’ collective experience on the African continent, ADNA is eager to disrupt the status quo of the typical law firm to best serve its clients by being as ambitious as those it works with. Helping to navigate businesses and provide bespoke legal solutions.

The firm is founded on the notion of legacy. The legacy to become an institutional law firm and to help grow and promote the next generation of African lawyers.

Department Name Email Telephone
Banking & Finance, Corporate, Project Development Salimatou Diallo salimatou.diallo@adnalaw.com +224 620 56 54 95
Banking & Finance, Project Finance and M&A Foued Bourabiat foued.bourabiat@adnalaw.com +213 (0) 775 388 597
Corporate & M&A and Banking & Finance Sydney Domoraud sydney.domoraud@adnalaw.com +225 07 48 37 77 73
Corporate & M&A Safia Fassi-Fihri safia.fassifihri@adnalaw.com +212 (0) 5 22 94 96 77
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