Gide Algiers is a key player in Algerian business life, with our teams involved in almost all the major investment and disinvestment operations in the country over the past ten years.
Active since 2003, Gide's team in Algiers includes practitioners of Algerian and foreign nationality who combine a perfect knowledge of law and business practices in Algeria with international expertise.
Our team, supervised by partner Samy Laghouati, mainly advises international investors on the legal and tax aspects of their activities, in all business sectors and in all fields of business law, in particular in terms of acquisitions, privatisations and joint ventures.
Easily the strongest firm in the market for financial and corporate work in Algeria, the Algiers office of French firm Gide Loyrette Nouel is active on most of the country’s high end transactions.
Advising Volkswagen AG on setting up a joint venture to build an assembly plant in Algeria.
Advising General Cable Corporation, a US-based company, a leading manufacturer of wire and cable solutions, on the disposal of its 70% interest in ENICAB to a major private Algerian group.
Advising Veon (formerly VimpelCom) on the disposal by Global Telecom Holding (GTH), Veon’s listed Egyptian subsidiary, to the Algerian National Investment Fund (Fonds National d’Investissement), of its 51% stake in Omnium Telecom Algérie (“Djezzy”), the leading mobile operator in Algeria, for USD 2.6 billion. This transaction led to terminating the international arbitration initiated by GTH against the Algerian State on 12 April 2012. This deal is the first and most significant corporate transaction in Algeria in terms of amounts involved (several billion dollars) and complexity.
Advising Aabar Investments PJS, the sovereign wealth fund of Abu Dhabi, on its partnership with the Ministry of National Defence, and the Ministry of Industry and Mines, on setting up five joint companies dedicated to the production of various types of vehicles branded “Mercedes-Benz”, throughtout the country. The technological partner of this project is a German industrial consortium composed of Daimler, Ferrostaal, Rheinmetall, MTU and Deutz.
Advising Renault on setting up a strategic partnership with the SNVI and the Algerian National Investment Fund to establish a plant at Oued Tlelat. This is the first time an automotive manufacturer aims to set up a manufacturing plant in Algeria.
Gide Loyrette Nouel’s corporate lawyers are valued for their ‘excellent service’ as well as for ‘making themselves available at short notice and providing a quick turnaround time’. The team recently acted for Volkswagen on a project with Sovac and advised IPIC on regulatory issues related to its $125bn merger with Mubadala Development. Samy Laghouati has ‘excellent inside knowledge of the Algerian legal framework’.
Legal 500 EMEA 2018
This firm has experience advising significant multinational clients on M&A, compliance, antitrust work and foreign investments. The team is also frequently mandated on oil and gas transactions. Its recent work highlights include assisting Volkswagen with the setting up of a joint venture to construct an assembly plant. Clients praise the firm very highly, noting its 'real expertise in Algerian law' and describing it as 'very professional, very responsive and business-oriented.'
Within his broad corporate practice, Samy Laghouati handles significant business ventures and foreign investments in Algeria. His experience also covers infrastructure transactions in the real estate and energy sectors. Clients report that 'it is always a pleasure to work with him' and consider him 'an excellent lawyer.' One peer described him as 'very energetic and solution-minded.'
Chambers Global 2018
Gide Loyrette Nouel is widely regarded as ‘among the best’ for energy matters in Algeria. In particular, Samy Laghouati is ‘knowledgeable and provides appropriate advice’.
Legal 500 EMEA 2017
In the past 12 months, Gide picked up significant work on joint venture cases in a number of sectors including the oil and gas industries. The firm also advised a number of companies regarding their investments in Algeria. Clients include Volkswagen and Philip Morris..