Financial and IT DD of PPG’s activities in 5 African countries for Océinde

13 Apr 2022

Financial and IT DD of PPG’s activities in 5 African countries for Océinde

13 Apr 2022

Eight Advisory assisted Océinde in carrying out the financial and IT due diligence for its acquisition of PPG's activities in Senegal, Cameroon, Gabon, Ivory Coast and Algeria.

Océinde is an industrial group from Reunion Island, a historical player, which operates in the fields of building chemistry, seafood, telecoms and media and energy efficiency.

PPG Industries is a chemical company specializing in building materials, including paints, chlorine, sodium hydroxide, vinyl chloride and glass.

This acquisition will allow the Océinde group to continue to develop and strengthen their activities in Africa, with a new division, under the name Mauvilac Industries Africa, with the deployment of new plants and 250 employees. The Océinde group is now developing its architectural paints and coatings activities in three geographical areas: Reunion Island and the Indian Ocean, mainland France and Europe, and Africa.

The team in charge of the financial due diligence was composed of Sébastien Smercan, François Thoumie and Thibault Delecourt.

The team in charge of the IT due diligence and preparation to Day1 was composed of Jean-Christophe Fuzzati and Bechir Aissi.

Your message has been sent
Thank you, your application has been sent.

What is the subject of your request?

  • General questions
  • Jobs
  • Information for the press

Specify your request

Choose an office

  • Eight Advisory London

  • Eight Advisory Paris

  • Eight Advisory Rennes

  • Eight Advisory Nantes

  • Eight Advisory Lyon

  • Eight Advisory Marseille

  • Eight Advisory Brussels

  • Eight Advisory Frankfurt

  • Eight Advisory Munich

  • Eight Advisory Hamburg

  • Eight Advisory Zurich

  • Eight Advisory Amsterdam

  • Eight Advisory Cologne

  • Eight Advisory Madrid

  • Eight Advisory New York


Unsolicited application

Specify your request