Allen & Overy LLP advises clients on cross-border M&A and investment mandates from its Casablanca office. Hicham Naciri, who focuses on a range of corporate, real estate, finance and foreign investment work, and Yassir Ghorbal, who is noted for M&A, capital markets, projects and project finance instructions, are key individuals to note.
Foreign firms in Tunisia
Allen & Overy LLP
Clifford Chance offers a wide range of expertise across M&A and private equity, projects, restructuring, dispute resolution and regulatory activities. The firm's clients include financial institutions, industrial conglomerates and public entities. Mustapha Mourahib, the managing partner of the Casablanca office, 'has a strong sense of dedication' and specialises in large-scale M&A, private equity, PPP and project finance transactions. Paris-based Delphine Siino Courtin is also noted and has expertise in projects and project finance in sectors including energy, oil and gas, infrastructure and mining, with a particular focus on Francophone Africa.
Other key lawyers:
Delphine Siino Courtin
‘Clifford Chance offers the possibility of mobilising expertise in different specialties. Compared to other firms Clifford Chance is active in Tunisia and familiar with the legal environment.’
‘Delphine Siino Courtin and Mustapha Mourahib are very involved in the management of their files and very appreciated by clients.’
‘The stability of the teams involved in the region and the capacity to mobilise resources in line with the necessary expertise and experience is appreciated.’
‘Through the great collaboration that we have developed in our transactions with Mustapha Mourahib and his strong sense of dedication, we maintain excellent professional relations. Delphine Siino Courtin has proven specialised knowledge in different fields.’
TAV Tunisie S.A.
- Advising TAV Tunisie in connection with the restructuring of its airport concessions in Tunisia (Monastir and Enfidha airports) and the restructuring of its financing.
- Advised Azelis, a leading distributor of speciality chemicals and food ingredients, on the acquisition of the Orkila Group.
Based in Tunis, Eversheds El Heni (a member of Eversheds Sutherland) advises clients across a broad range of areas, including corporate and M&A, banking and finance, insurance, employment, tax, energy and natural resources, real estate and disputes. Managing partner Farès Koussay El Heni is regularly involved in financing mandates and large corporate restructuring projects. Raouf El Heni leads all of the team’s work in litigation, insurance, banking and finance, renewable energy and real estate in Tunisia. Soundès Mejdoub specialises in assisting cross-border companies seeking to do business in Tunisia with restructuring and financing matters.
Farès Koussay El Heni; Raouf El Heni; Soundès Mejdoub
‘Multilingual firm with business law expertise in all African countries.’
Banque Internationale du Luxembourg
- Advising Emerson on a large software corporate, M&A and restructuring project in Tunisia.
- Advising General Electric Healthcare on a range of specific regulatory, corporate, exchange and tax issues in Africa.
- Advising Nokia on employment, commercial and corporate law matters relating to its day-to-day operations and strategic initiatives.
Herbert Smith Freehills LLP
Herbert Smith Freehills LLP has a broad client offering, advising on corporate, finance, projects, tax and competition matters, disputes, and crisis management. Energy and mining are key areas of strength and the team has an in-depth knowledge of related legislation in a wide range of countries. Paris-based corporate and projects partner Bertrand Montembault co-heads the North Africa team with disputes partner Craig Tevendale, who is based in London.
Bertrand Montembault; Craig Tevendale
Linklaters LLP has a full-service practice which handles both transactions and litigation, with broad industry expertise ranging from oil and gas to mining and telecoms. The firm also has strong relationships with a number of local counsel, including Ferchiou & associés. Paris-based Bertrand Andriani, who heads the Francophone Africa group, has in-depth expertise in project development and project financing in the region. London-based Andrew Jones acts as head of the Africa group.
Andrew Jones; Bertrand Andriani
Banque Centrale De Tunisie
- Advised the global coordinator, lead manager and bookrunner on the €700m 6.375% notes due 2026 issued by Banque Centrale de Tunisie.
- Advised a financial services company on the refinancing of Transcom Holding AB, a global customer service provider with locations in Tunisia.
- Advising a global mining company on the disposal and internal reorganisation of some of its mining assets in Tunisia.
The Paris-based team at King & Spalding LLP focuses primarily on the energy, oil and gas, and telecoms sectors and on complex corporate restructurings and acquisitions. Dual-qualified in France and Algeria, Mehdi Haroun is an energy specialist and has expertise in project development, M&A, divestitures and the acquisition of upstream and downstream interests, as well as related dispute resolution work.
- Advised an oil and gas company on the acquisition of all of ENI’s upstream assets in Tunisia.
- Advised Anadarko in relation to its Tunisian legal issues, in particular its exit from Tunisia.
Ashurst focuses on project finance, M&A in the oil and gas and mining sectors, finance and international arbitration. The team has particularly extensive experience in advising major international developers and operators on renewable energy projects in Tunisia. London-based practice head Yann Alix specialises in corporate and commercial transactions, as well as the development of major projects in emerging markets, with a focus on the energy, natural resources and infrastructure sectors. Michel Lequien and Mark Barges, who are based in the Paris office, are also noted.
Other key lawyers:
Michel Lequien; Mark Barges
‘Ashurst are perfect in providing assistance in international transactions including M&A and tenders, coordinating the issues of Tunisian interest in the best way. They have chosen the best local law firms in countries in which Ashurst is not present, and the final work is of high standards.’
‘Michel Lequien is the right person for an energy company that needs to have the transaction done in the best and most efficient way.’
Norton Rose Fulbright covers matters in North Africa from its offices in Casablanca and Paris, where it focuses on a range of M&A and cross-border transactions. Practice head Alain Malek, who also heads the Morocco office, has extensive experience in infrastructure and natural resources projects. Counsel Anne-Laure Bernard-Bouissieres focuses on corporate and banking matters, and counsel Godefroy Le Mintier specialises in M&A.
Shearman & Sterling LLP operates from its London and Paris offices and frequently advises clients on high-value transactions. Iain Elder, who is based in London, heads the Africa strategy group and specialises in project development and finance, regularly acting for sponsors and lenders on high-profile energy and infrastructure projects. Paris-based Lachlan Poustie, who has a background in project finance, was recently promoted to partner.
Other key lawyers:
Trinity International LLP
Boutique firm Trinity International LLP stands out for its strong energy and infrastructure projects practice. The Paris-based team frequently advises on projects in the power sector and has a particular focus on renewables, especially solar energy. Pierre Bernheim heads the Paris office and has expertise in renewable energy projects, with a particular focus on photovoltaic, wind and hydropower, and thermal power. Marianna Sédéfian advises clients in the power, renewables, mining, industrial and infrastructure sectors.
Pierre Bernheim; Marianna Sédéfian
ElectriFi (through EDFI Management Company N.V)
Climate Fund Managers
- Advised Climate Fund Managers in relation to its participation alongside UPC Renewables in the development and financing of the 30MW Sidi Mansour wind farm project located in Northern Tunisia.
- Advised the lenders – Bio and ElectriFi (through EDFI Management Company N.V) – on the financing of a solar project in Tunisia.
- Acting for Scatec as winner of the tender process in Tunisia for 500MW solar PV projects under the concession scheme with three solar projects in Tozeur (50MW), Sidi Bouzid (50MW) and Tataouine (200MW).