International law firm Al Tamimi & Company has successfully advised L’Assiette Nordique, a leading Moroccan seafood processing and distribution company, on a strategic investment that will see a major private investment fund take a stake in the business. The transaction marks a key milestone for both the company and the broader North African private equity landscape.
Strategic capital expansion
Under the deal, Capmezzanine V FPCC‑RFA — the fifth fund managed by CDG Invest Growth — has entered the share capital of L’Assiette Nordique through a capital increase, positioning the fund as a significant investor. This investment is expected to support the company’s planned industrial expansion, strengthen its domestic market presence, and lay the groundwork for a future initial public offering (IPO).
The transaction was formally closed on December 9, 2025, after receiving the necessary approval from the Moroccan Competition Council. Al Tamimi & Company acted as legal counsel to L’Assiette Nordique, providing full transactional support including regulatory analysis, deal structuring and negotiation of investment documentation. Meanwhile, CDG Invest Growth was advised by international law firm DLA Piper.
Expert legal guidance
Al Tamimi & Company’s team was led by Omar Zizi, Partner and Head of the firm’s Morocco office, along with associates Walid Edelaasri and Yahya Kettani. Their role encompassed guiding L’Assiette Nordique through the complexities of cross‑border investment and ensuring compliance with local regulations.
Commenting on the deal, Omar Zizi highlighted the company’s growth story and the importance of attracting institutional capital to support long‑term plans. “L’Assiette Nordique has built a strong and reputable position in Morocco’s seafood sector, driven by quality, operational excellence and a clear long‑term vision. We are pleased to have contributed to a deal that strengthens a major national player in a strategic industry,” he said.
About L’Assiette Nordique
Founded in 2009, L’Assiette Nordique has become a market leader in seafood processing, serving hospitality, retail chains and wholesale distributors across Morocco. The company’s fully integrated value chain — from high‑quality processing to nationwide distribution supported by cold‑chain logistics and traceability systems — has positioned it for accelerated growth with institutional backing.
Broader market significance
The investment underscores the growing interest of private equity and institutional funds in strategic sectors within North Africa, particularly in companies with strong market positions and export potential. It also reflects Al Tamimi & Company’s expanding role in advising sophisticated cross‑border transactions throughout the region, reinforcing its reputation in sectors including corporate M&A, private equity and regulated investments.