Asafo & Co.: Ginegar expands in Morocco and Sub-Saharan Africa
Asafo & Co. advises Ginegar Plastic Products (Ginegar), a prominet manufacturer of smart covers and greenhouses for agriculture and horticulture, in the expansion of its business in Morocco and Sub-Saharan Africa.
Ginegar has entered into a joint venture agreement with Moroccan group CMGP.CAS, specialist in the manufacturing, distribution and integration of agricultural infrastructure equipment, to set up a joint venture company. The joint venture, GCC Plast, will build and operate an industrial unit in Morocco specialized in the manufacturing of plastic films for greenhouses and mulching films, to serve both the Moroccan and African markets.
The Asafo & Co. team advising Ginegar was led by partner Patrick Larrivé (pictured) who was assisted by senior associate Thami El Idrissi. Ginegar was also advised by partner Gary Copelovitz in Lipa Meir & Co in Israel.
