Global law firm Dentons acted as joint adviser to Investec Asset Management (majority shareholder of SJL) and AfricInvest in relation to the investment of PME Croissance (PMEC); a fund managed by AfricInvest, in the Moroccan group SJL, leading transporter between Europe and North Africa.

This partnership is part of SJL development plan in Africa and Europe and its strategy aiming to open up new platforms in Africa, and a growth through acquisitions of logistic companies.

In the last three years SJL group has seen a strong growth through major investments.

Investec Asset Management is a specialist investment manager, providing an extensive range of international investments products and services to institutional clients and financial advisors.
AfricInvest is one the main private equity investors on the continent focused on North Africa and Sub-Saharan Africa and based in Tunisia.

PMEC is a public-private investment fund in which the Moroccan state is the main shareholder via the Caisse Centrale de Garantie (CCG) and Moroccan institutional investors.

The team in Dentons Morocco was led by Patrick Larrivé, Managing Partner, Benoit de Monval, Of Counsel and Zakia Jabri-Abbadi, associate.