Resonance Advisory advised potential acquiror for a minority stake in SOCOPRIM, concessionaire of the Henri Konan Bédié bridge.
#Africa, #Ivory Coast, #Transportation, #Road
SOCOPRIM is the concessionaire of the Henri-Konan Bédié bridge (3rd bridge in Abidjan). The concession consists of a 6.7km motorway stretch including a 2×3 bridge.
Construction started in 2012 and the bridge was inaugurated in December 2014. The concessionaire will operate and maintain the bridge for a duration of 30 years.
The objective of the project is to improve the north-south connection in Abidjan and to facilitate fret traffic to the port.
The project was originally financed by a group of banks including AfDB, FMO, AFC, CEDEAO and BOAD.
Resonance Advisory was mandated by a private investor for the possible acquisition of a minority share in the company.
Our mission included:
The development of a valuation model
The assistance in the financial, tax and accounting buyer due diligence.
🗹 acquisition advisory
🗹 financial modeling