Partnership between HBG Holding and SanLucar Group

Partnership between HBG Holding and SanLucar Group

MCF, acted as SanLucar Group’s advisor for the sale of a strategic stake in La Cinquième Saison (LCS) and for the establishment of a long-term relationship with HBG Holding.

LCS is a totally exporting and rapidly growing and expanding company specialized in growing cherry tomatoes under greenhouses heated by geothermal waters. The company operates thanks to its production site located in Oasis El Hamma, about 30 kilometers west of Gabès.

Mehdi Sethom, Managing Director of MCF declared: « We are very pleased to be SanLucar Group’s advisor on such a strategic transaction. Based on a common vision of the future developments of the agricultural sector in the region, particularly fruits and vegetables, the transaction will help both parties to establish a technical and commercial cooperation, while opening-up to new development opportunities. »

About SanLucar Group :

Founded in Spain more than 25 years ago, SanLucar Group is a world leader in agricultural sector, specializing in the production and distribution of fruits and vegetables. Present in 30 countries, it employs approximately 3,000 people Worldwide. In Tunisia, the Group operates through 3 subsidiaries managing a total of 3 production sites, each specializing in the production of different varieties of fruits and vegetables.

About HBG Holding :

HBG Holding is a diversified holding company part of Hédi Bouchamaoui Group that has launched in recent years an investments and diversification strategy at sectorial, local and international levels, concerning mainly services, agriculture, automotive and distribution sectors.

About MCF :

Founded in 2014, MCF is an independent corporate finance and investment advisory firm focused on developing economies and countries with strong growth potential within the Middle-East and Africa region. Its deep knowledge of the region and its established reputation made it become a reference player, providing professional and independent advisory services on various strategic and financial subjects and benefiting from the support and confidence of regional and international clients and investors.
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