Commercial, corporate and M&A in Algeria

Bennani & Associés

Bennani & Associés has acted for major international clients on a wide range of regulatory and transactional mandates. The firm has advised on market entry via joint ventures, M&A transactions, and the employment law aspects of opening branches and offices in-country. For multinational firms already present in Algeria, the firm assists with regulatory compliance, with established expertise in labour law, the oil and gas sector, pharmaceuticals, financial services, and telecoms. Mourad Seghir, managing partner, focuses on transactional work and commercial contracts. Senior associate Mohamed Debbouche primarily focuses on banking and finance mandates, with particular expertise in foreign exchange matters.

Practice head(s):

Mourad Seghir

Other key lawyers:

Mohammed Debbouche

Testimonials

‘Very responsive and delivers succinct commercial advice.’

‘It is a very high quality, traditional law firm.’

‘Mourad Seghir was responsive and provided commercially minded advice.’

Key clients

Uber

Daimler

Phillips

Bristol-Myers Squibb

Novartis

Motorola

LG

BP

Google

Adidas

Western Union

Cairn

Hyundai Motor Company

Kia

Lincoln Electric

Paul Wurth International

Stream Flo

Dragon Oil Yes

PGS

Caterpillar

Bloomberg

ABB

Alstom / Siemens

Stripe

Work highlights

  • Advising Uber on its $3.1bn multinational acquisition of Careem.
  • Acting for multinational energy company Cairn on its more than €700m bid for the acquisition of Edison E&P S.p.A.
  • Assisting Hyundai and KIA with all legal aspects of setting up two joint ventures with an Algerian partner (Global Group), including Algeria’s largest manufacturing JV (worth over €130m).

Bourabiat Associés

Singled out for its understanding of 'the political and commercial dynamics as much as the legal landscape in Algeria', Bourabiat Associés regularly receives instructions from financial institutions, multinational corporations, government bodies and sponsors. Matters relating to joint ventures, project structures, legal due diligence, risk allocation, financing and security packages are among its key areas of strength. Offering 'extremely clear and actionable advice', Foued Bourabiat heads the department, which also includes associate Steven Aldrich.

Practice head(s):

Foued Bourabiat

Other key lawyers:

Steven Aldrich

Testimonials

The advice from Bourabiat & Associés is prompt, accurate and commercial. They understand the political and commercial dynamics as much as the legal landscape in Algeria. Additionally, they deliver very clear advice in English in such a way that non-civil lawyers can easily understand their advice and recommendations.’

‘Foued Bourabiat provides extremely clear and actionable advice and is always available. He has deep knowledge and helpful contacts in Algeria whilst also being able to provide high-quality advice associated with international law firms. ’

Key clients

Air Products

BNP Paribas

Cevital

DP World

Emerging Capital Partners (ECP)

Edison

Fruital (Coca-Cola)

Geodis

Groupe Ponroy Santé

International Finance Corporation (IFC)

Jamjoom Pharmaceuticals

Myah Bahr Honaine/Aguas de Skikda (Abengoa)

Neptune Energy

Procter & Gamble

Samsung C&T

The Carlyle Group CVC Capital Partners China Investment Corporation Al Ghurair Group Olea Insurance

CMS

CMS in Algeria chiefly focuses on assisting clients in the pharmaceutical sector. The firm has advised several multinational pharmaceutical firms on establishing joint venture arrangements with local companies, financing arrangements, and asset acquisition. In 2020, the firm has also advised on restructuring for local subsidiaries. Samir Sayah leads the team, and has transactional experience in the manufacturing, pharmaceutical, energy, and telecoms sectors. Amine Sator, the local partner in the Algerian office, advises on intellectual property, labour law, and commercial contracts.

Practice head(s):

Samir Sayah

Other key lawyers:

Fatiha Aouam; Amine Sator

Key clients

Ipsen pharma

Pierre Fabre

Work highlights

  • Advised Ipsen Pharma on the establishment of an industrial partnership project in Algeria, with two Algerian financial partners, for the production, distribution and promotion of pharmaceutical products.
  • Advised Pierre Fabre within the framework of the implementation of an industrial partnership project in Algeria with Algerian partners.

Gide Loyrette Nouel

Gide Loyrette Nouel’s corporate and commercial group is led by Samy Laghouati, whose practice is chiefly focused on the oil and gas sector, having acted for ENI and Total on major projects. Of counsel Djamila Annad focuses on upstream and refinery projects. The wide range of mandates the firm has acted on this year includes structuring a capital investment fund, drafting a joint venture agreement for a pharmaceutical client, and handling the sale of a local subsidiary on behalf of Air Product to Sidal, a major Algerian gas producer. Julien Gontier is also noted.

Practice head(s):

Samy Laghouati

Other key lawyers:

Julien Gontier; Djamila Annad

Key clients

Volkswagen AG

Engie

Total

Daewoo E&C

Sanofi

Daelim Industrial

Halliburton

BNP Paribas

SEAF

Repsol

Danone

Novo Nordisk

British American Tobacco

Work highlights

  • Advised Brasseries International Holding (BIH)-Castel group on the first squeeze-out transaction carried out on the Algerian stock exchange.

L&P Partners

L&P Partners has recently advised on corporate restructuring for clients in the telecoms, automotive, and pharmaceutical sectors. The firm has structured joint venture deals, advised on the sales of local subsidiaries, and provided advice on regulatory changes for clients in the automotive sector. Mohamed Lanouar is well versed in M&A work, as well as financing mandates. Mounir Ait Belkacem handles foreign exchange issues and corporate contracts, while Arezki Djadour handles real estate matters.

Practice head(s):

Mounir Ait Belkacem; Arezki Djadour

Other key lawyers:

Mohamed Lanouar

Testimonials

‘Very good capabilities and expertise in Corporate, Commercial, M&A matters. Ability to analyse requests not only from a pure legal aspect but also from business/practical perspectives.’ 

‘Excellent business partners. Available team. Very reactive.’

Key clients

Toyota (Abdul Lateef Jameel)

Renault

LafargeHolcim

Novo Nordisk

Pfizer

Marubeni

Al Salam Bank

Hoffmann-La Roche

Hydrapharm

Biopharm

GlaxoSmithKline

Ooredoo

NATIXIS

Ferconsult ( Metropolitano de Lisboa)

Novabase SA

AMGEN

SHIRE

VEON

PEUGEOT ALGÉRIE SPA

Shariket Kahraba Hadjret En Nouss SKH spa

Technip

Ontex

Sanofi Aventis

Société Générale

Work highlights

  • Advising Veon on the restructuring of local companies in Algeria.
  • Advising Renault, SNVI and FNI (the last two being Algerian state-owned public companies) on a restructuring scheme considering new regulations impacting the business model.
  • Assisting Centaure Group in a joint venture with local group Mimoun.

LPA-CGR

LPA-CGR’s corporate and commercial practice is geared towards the automotive and infrastructure sectors. The firm has advised a major transport operator on its entry into the Algerian market via a joint venture agreement. More broadly, the firm has advised clients in the telecoms, oil and gas, and banking sectors. Rym Loucif, practice head, is experienced in the oil and gas industry as well as the automotive sector, with extensive experience in cross-border M&A work. Fatima-Zohra Bouchemla focuses principally on commercial contracts.

Practice head(s):

Rym Loucif

Other key lawyers:

Fatima-Zoura Bouchemia

ZAALANI & Associés offers 'professional and practical' advice to clients on a range of real estate and construction law, energy law, maritime and transport law and distribution law issues. Headed by the 'pugnacious, proactive and pragmatic' Hicham Zaalani, the team specialises in joint ventures, administrative authorisations for new products and regulatory issues, most notably in the automotive, banking, agrifood and pharmaceutical sectors.

Practice head(s):

Hicham Zaalani

Other key lawyers:

Abdelmadjid Zaalani

Testimonials

‘The team is very reactive with a high level of professionalism and quality of services.’

‘In my perspective, one of the most professional and reactive teams in Algeria. Advice is professional and practical. Hicham Zaalani is fully based in Algeria and perfectly knows how this challenging country works.’ 

‘Hicham Zaalani is very professional and has an international profile. He knows very well the country and its practices, as well as the challenges of international firms. He is always available and friendly.’ 

‘We work with Hicham Zaalani who is very pugnacious, proactive and pragmatic considering the local legal context.’

Key clients

Nokia

Pfizer Group

HSBC Algeria

POMA Group

Akka

Myah Tipaza

Asecud

CMA CGM Algerie

Lesaffre Group

GSK (GlaxoSmithKline) Group

Work highlights

  • Assisted Myah Tipaza with the transfer of foreign shareholders’ dividends abroad and the negotiation with the state-owned banks of the modification of the financing agreement.
  • Assisting HSBC Algeria in all matters regarding its daily business operations and activities, including regulatory, contract and corporate issues.
  • Advising Asecud Algeria on the opening of its share capital to new investors for the launch of a factory project of biomedical diagnostic products.