CW Advisory supports Investment Corporation of Dubai on US$300mm investment in Dangote Cement

CW Advisory, a leading advisory boutique based in New York with a recognized global cement sector track record, provides valuation opinion and due diligence consulting for Dubai-based Sovereign Wealth Fund's foray into African cement markets through US$300 million equity investment in publicly listed Dangote Cement.

 ÔÇ£We are excited to have had the opportunity to support and offer guidance to one of the world's leading investors as they assessed the opportunity to invest in one of Africa's fastest growing cement producers,ÔÇØ said Robert Madeira, Managing Partner at CW Advisory and Group CEO.
CW Advisory relied on its unrivaled global industrial, and in this case cement industry, domain expertise as well as Africa advisory experiences in assisting the Investment Corporation of Dubai in evaluating market and competitive conditions throughout the continent as well as to provide an outside-in
perspective on the target investment company, Dangote Cement, to help formulate the investment case. Additionally, CW Advisory provided an independent valuation opinion in support of the financial investment evaluation.

ÔÇ£CW Advisory has a unique ability to support the global cement sector on the M&A side as well as through our focused strategic advisory services. Over the course of the past years, we have had the privilege of supporting many of marquis financial and strategic clients around the world in not only the cement sector, but also in other sectors. Our data-driven, highly analytical capabilities are leveraged together with a global contact network that we regularly interact with to source opportunities as well as provide transaction and strategic support to,ÔÇØ Mr. Madeira added.

 

About Investment Corporation of Dubai

ICD was established in May 2006 under a mandate to consolidate and manage the Government of Dubai's portfolio of commercial companies and investments; and provide strategic oversight to the portfolio. By way of developing and implementing investment strategy and corporate governance policies with an objective to maximize stakeholder value, for the long-term benefit of the Emirate.
ICD, as the investment arm of the Government of Dubai currently has a portfolio that represents a crosssection of Dubai's most recognised companies, in sectors that the Government of Dubai has deemed to be strategic for the continued development of the Emirate. The sectors include: Financial services,
Transportation, Energy and Industrial, Real Estate and Leisure, Retail and other Holdings.