This website uses cookies so that we can provide you with the best user experience possible. Our Cookie Notice is part of our Privacy Policy and explains in detail how and why we use cookies. To take full advantage of our website, we recommend that you click on “Accept All”. You can change these settings at any time via the button "Update Cookie Preferences" in our Cookie Notice.
Technical cookies are required for the site to function properly, to be legally compliant and secure. Session cookies only last for the duration of your visit and are deleted from your device when you close your internet browser. Persistent cookies, however, remain and continue functioning on repeat visits.
CMS does not use any cookie based Analytics or tracking on our websites; see details here.
Personalisation cookies collect information about your website browsing habits and offer you a personalised user experience based on past visits, your location or browser settings. They also allow you to log in to personalised areas and to access third party tools that may be embedded in our website. Some functionality will not work if you don’t accept these cookies.
18/12/2014
CMS Bureau Francis Lefebvre’s Africa team advised GBH Group in the acquisition of the Ivorian Automotive Distribution Company (SOCIDA), in Abidjan, from the Fadoul Group.
SOCIDA distributes Renault, Renault Trucks and Suzuki vehicles in Côte d'Ivoire.
GBH has been a partner of the Renault Group since 1988 and imports and distributes its vehicles in Martinique, Guadeloupe, Grench Guiana, Cuba and Réunion.
In the view of Nicolas de Pompignan, GBH Managing Director in charge of International Development, ‘The acquisition of SOCIDA by GBH is part and parcel of our group's development strategy in Africa. We have had a presence in Africa for the last seven years through our automotive business: in Algeria with the distribution of Citroen vehicles and Scania lorries; in Morocco with car hire activities within the Hertz franchise; in Ghana, with Renault Trucks and Mazda. We have also had a presence in Côte d’Ivoire for more than a year now, where we are developing banana production’.
In this transaction, CMS Bureau Francis Lefebre’s Africa team, advising the GBH Group, was comprised of Pierre Marly, partner, Nicole Marielle and Benjamin Pech de la Clause, associates.
About GBH :
GBH is a specialist distribution group, which started operations in Martinique and now has a presence in Martinique, Guadeloupe, Cuba, Réunion, the Dominican Republic, Trinidad and Tobago, Metropolitan France, Morocco, Algeria, Ghana, China, New Caledonia and Côte d'Ivoire.
GBH operates in three main areas: supermarket distribution (food, DIY, sport); the automotive sector (distribution, hire, tyres) and industry (including the production and export of Rhum Clément and Rhum J.M.).
GBH also represents the operations of Carrefour, Mr.Bricolage, Décathlon, Danone, Total, Renault, Citroën, Toyota, Hyundai, Michelin.
For more information, please contact:
Social Media cookies collect information about you sharing information from our website via social media tools, or analytics to understand your browsing between social media tools or our Social Media campaigns and our own websites. We do this to optimise the mix of channels to provide you with our content. Details concerning the tools in use are in our privacy policy.