DLA Piper advises Proparco, IFU, and Si Advisers on strategic investment in Imperium Holding
Global law firm DLA Piper has advised Proparco, the Danish Investment Fund for Developing Countries (IFU), and Si Advisers LLP, on a joint investment of EUR25 million in Imperium Holding, a Morocco-based leader in the production and packaging of luxury tea and infusions. Founded in 1979, Imperium Holding has built a reputation as a global leader in premium tea production and packaging, serving luxury tea brands across five continents.
This investment aims to support Imperium Holding's growth, strengthen its production capacity and generate a positive social and environmental impact, particularly in Morocco. Imperium Holding already employs over 1,200 people in Morocco and this investment is expected to strengthen local economic development and aid in the creation of over 900 jobs.
Proparco is the private sector financing arm of Agence Française de Développement Group (AFD Group), promoting sustainable economic, social and environmental development for over 45 years. Proparco provides funding and support to both businesses and financial institutions in Africa, Asia, Latin America and the Middle-East.
IFU invests in financially viable companies, contributing to the green transition and economic and social development. IFU has invested in 1,346 companies in more than 100 countries in Africa, Asia, Latin America and parts of Europe.
Si Advisers is a London-based private equity firm focusing on early-stage and growth equity investments across industries such as food and agriculture, healthcare, urban infrastructure, and financial inclusion.
A team from DLA Piper's Casablanca office worked on the transaction, led by Christophe Bachelet, partner in the Corporate practice and Country Managing Partner. He was supported by Senior Associate Kenza Belrhiti Alaoui, and Associates Léa Attias and Salim Akouz.
Christophe Bachelet, Country Managing Partner, DLA Piper Casablanca, said: “We have been very pleased to support this strategy co-investment in a leading actor of the tea industry”.
