2006
Acquisition of Algerian catering company CIEPTAL
Acquisition of Algerian catering company CIEPTAL, making it the country’s 1st international catering group.
CIEPTAL office in Hassi Messaoud
Already present in Algeria through its subsidiary CNA, CIS was looking to consolidate its positions there to take advantage of major oil and gas developments in the region.
It was therefore in 2006 that the Group carried out its first external growth operation, with the acquisition of the Algerian catering company CIEPTAL.
CIEPTAL is based in Hassi Messaoud, the heart of Algeria’s oil and gas production and exploration region, and boasts a major logistics infrastructure.
CIEPTAL, which has become Algeria’s leading international catering group, is still today the largest subsidiary of CIS.
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