Hyundai / Tahkout joint venture

17/12/2018
Joint venture

€ 20 million

$ 22.165 million

Announced

17/12/2018


Overview:

  • Algerian company Tahkout Manufacturing Company has undertaken a joint venture with South Korean car maker Hyundai, to assemble Hyundai vehicles in Algeria.

Laura Mendes - Researcher

 

Jurisdiction:

Algeria

Deal type:

Joint venture

Practice area:

M&A

Industry sector:

Automotive


Firms:

Party: Tahkout Manufacturing Company (Joint venture partner)

Lawyer: Samy Laghouati


Party: Hyundai (Joint venture partner)