All cases
Cross-Border M&A
Acquisition of a Moroccan port operator
We advised the buyer on the acquisition of a container terminal operator, including competition clearance and the transfer of the port concession.
Client
European logistics group
Sector
Logistics
Jurisdiction
Morocco, France
Year
2025
Value
USD 310m
Outcome
Closed in 7 months

The matter
Our client wanted a foothold on the Atlantic coast. The target held a 30-year concession that required the port authority’s consent to any change of control.
What we did
We ran due diligence in French and Arabic, negotiated the share purchase agreement and led the consent process with the port authority and the competition council.
Result
The transaction closed seven months after signing, with the concession transferred on unchanged terms.

