Tunisie Leasing & Factoring has announced that its subsidiary Alios Finances SA, a holding company under French law which holds majority stakes in several specialized financial companies, mainly leasing companies, operating in several Sub-Saharan African countries, has signed an agreement with Crédit d’Afrique Groupe, a holding company under Ivorian law and part of the Serge Bile Group.
The purpose of the agreement is to sell its holdings in SAFCA (Alios Finances Côte d’Ivoire) (52.02% of the capital), SOCCA (Alios Finances SA) (70.59% of the capital) and SOGACA (Alios Finances SA Gabon) (72.89% of the capital).
Alios Finances SA is directly and indirectly controlled by Tunisie Leasing & Factoring and Amen Bank (41.5%).
The Serge BILE Group is a leading group, particularly through SIBM, which was founded in 1952 and specializes in the production of prefabricated concrete structures for use in buildings, roads, electrification and all areas of civil engineering.
The completion of the above transaction is subject, in particular, to the prior approval of the regulatory authorities in the various countries concerned.
