Thiam & Associés acted as sole legal advisor to Hillside Triumph in connection with its acquisition of a majority stake in LafargeHolcim Guinea, the country’s leading cement producer. Following this transaction, the company has adopted a new name and is now officially Ciments de Guinée S.A., reconnecting with its historical roots and reaffirming its local presence.
This acquisition covers one of the most high-performing assets in LafargeHolcim’s portfolio in West Africa. With the mining and infrastructure boom in Guinea, it will enable the full development of the current industrial facilities—the most modern on the market—as well as the construction of two cement plants coupled with precast factories in the Conakry region and Upper Guinea.
Hillside Triumph is a UK-based investment company headquartered in London. It primarily operates in high-growth sectors such as telecommunications, mining services, transport, distribution, mobile and digital services, port and logistics services, and real estate. The company focuses on emerging markets, supporting transformational projects with significant economic and social impact.
Thiam & Associés advised Hillside Triumph on all aspects of the transaction, including deal structuring, legal due diligence, drafting and negotiating transactional documentation, financing structuring, regulatory matters, and more. Our team included Baba Hady Thiam (Partner), Binta Maïga (Counsel), Abdourahim Bodeen Diallo (Senior Associate), Ismaël Traoré, Saran Kaba, Stéphanie Manguélé, Amadou Mbodj, and Mamadou Billo Barry (Associates).
Hillside Triumph was also advised by Optimum Group Africa as exclusive agent and PwC on financial and tax matters, while LafargeHolcim was advised by A&O Shearman.


