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Wednesday 16 June 2021
HomeNewsTunisia: state sells 23.96% stake in “Tunisie Sucre”

Tunisia: state sells 23.96% stake in “Tunisie Sucre”

The Tunisian state has decided to sell, through tendering, its direct and indirect stakes in “Tunisie Sucre.”

This sale, to be conducted by Al Karama Holding, the company responsible for managing the company confiscated from the family of former President Ben Ali, will be in a single phase on a block of shares representing 23.96% of the company’s capital.

Broker Amen Invest has been retained as exclusive advisor to Al Karama Holding for the realization of the entire operation.

Potential investors in this transaction may obtain the tender dossier from Amen Invest and Al Karama Holding.

“Tunisie Sucre” is a non-resident sugar refinery with an annual output of 500,000 tons of white sugar, 200,000 tons of which for the local market and 300,000 tons dedicated to export per year. It employs 220 people.

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