■Banking & Finance
■Land Renewable Energies
■Oil & Gas
■Antitrust & Competition
■Labour & Employment
■Litigation & Arbitration
Transactional Highlights: The firm is recognised as the market leader in Tunisia’s banking and leveraged finance industry representing major national and international banks, business development corporations, and investors. Ferchiou & Associés has a significant experience in derivatives and structured finance transactions involving state owned entities and the state of Tunisia. It is also experienced in acquisition and asset finance, syndicated loans and credit facilities, financial services, private equity or debt financing, and advises international financial institutions on the feasibility of transactions and regulatory compliance and procedures under Tunisian Law.
Ferchiou & associés is also very dynamic in the M&A business activity representing both local and international companies and investors in a variety of fields in relation to cosmetics, pharma, textile, agri-food, industrial components including recapitalisation, restructuring, commercial partnerships, joint ventures and liquidation operations. The firm provides also expertise in private acquisitions, takeovers of listed companies, share acquisition and sale, stock exchange transactions, and corporate transition strategies. Additionally, the firm advises on transfers of ownerships, transfer of dividends, security packages and buyout of public corporations.
Moreover, Ferchiou & associés is a market leader in the energy industry offering expertise in upstream and downstream legal advice oil project financing, hydrocarbon titles transfer and acquisitions, environmental due diligence, regulatory compliance, and policy counseling to the Tunisian government, major state-owned companies and multinationals.
In 2016, the firm has acted for a variety of transactions; advised Natixis in relation to repo transactions for a total amount of 300 million EUR, advised EBERD in relation to a 40 million EUR financing made available to a local bank , advised the Tunisian National Oil Company Etap in relation to 120 million USD financing made available by the French Agency for Development, acted as Tunisian law advisor of Tunisie Telecom on the bid process, acquisition and financing of a its 300 million EUR acquisition of majority stake in the IT operator Go Malta ; assisted Sanofi in the acquisition of a the Consumer Health Care activity of Boehringer-Ingelheim; and the project of acquisition by Boehringer-Ingelheim of the branch of Sanofi operating in animal health (Merial); assisted Shell in relation to concentration notification related to its acquisition of British Gas; assisted national oil company ETAP in the acquisition of the hydrocarbons titles as well as the off-shore, on-shore and other activities of the Swedish oil company PA Resources .Additionally, the firm has acted for one of the leading textile retail in the country in relation to the investment of a private equity firm to consolidate their activities in Tunisia (Franchisee of over 7 notorious brands including Zara, MNG, Bershka, Massimo Dutti etc...).
Lately, the law firm has advised JP Morgan and Goldman Sachs in relation to a 50 million USD sovereign bond done by Central Bank of Tunisia and guaranteed by USAID. The law firm has also assisted Baxter International and Baxalta, two companies operating in the pharmaceutical sector, in the creation of medical promotion and information agency; assisted Harvard Global Research and Support Services INC to incorporate in Tunisia through the creation of a local branch, the branch will aim to promote scientific research in Tunisia and help establish partnerships between Tunisian and American universities, advised EFACEC, one of the largest Portuguese groups of electricity, in the finalisation of partnership agreement with STEG and the execution of the renewal of electric posts in the territory of Tunisia for a total estimated value of 120 million dinars. Currently, the law firm is advising UAE Bukhatir Group in relation to the continuation of their integrated mix use facilities project to be developed in the Lake area over 250 Hectares. The group has signed back in 2009 an investment agreement with the state of Tunisia who has recently appointed the administrative committees in change of the project follow up with the investor.
Nourredine Ferchiou, Managing Partner
Email: [email protected]
Amina Larbi-Ezzine, Partner
Email: [email protected]