APMTM has been present in Mauritania since 2014, is and majority owned by APM Terminals and is a major player in the country’s port handling sector. Together with TCN, the company actively contributes to the growth of port traffic and the economic development of the country.

AFC is a multilateral financial institution, created by African sovereign states to provide pragmatic solutions to Africa’s infrastructure deficit and challenging operating environment. AFC actively pursue these solutions by developing and financing infrastructure, natural resources and industrial assets for the enhanced productivity and economic growth of African states.

Meridiam, an independent investment company and asset manager, was founded in 2005. It specialises in the development, financing and long-term management of sustainable public infrastructure in three key areas: sustainable mobility, essential public services and innovative low-carbon solutions.

“We are pleased to have supported TCN and its two shareholders in this transaction, to strengthen their presence in Mauritania and to continue their efforts to invest in the modernisation of equipment and services in the ports of Nouakchott and Nouadhibou,” says Sébastien Smercan, Partner at Eight Advisory.

Eight Advisory team members supporting on this transaction:

Financial Due Diligence: Sébastien Smercan, Partner, and Maroua Berrazaga, Manager
Financial modelling: Erwann Huon de Kermadec, Partner, and Arthur Anterion, Manager