The sale contract of the International School of Carthage (ISC) to the Tunisian-Moroccan consortium constituted by SPE Capital (former Swicorp) and Meninx (Tunisian Tamarziste Group) and the Moroccan group “Holding Générale d'Education” was signed Tuesday, at the headquarters of the Ministry of Finance.

The consortium submitted an offer of TND66.6m to acquire the ISC, which belonged to Leila Ben Ali, wife of the ousted president, Finance Minister Lamia Boujnah Zribi said at the signing session, stressing that the sale process took a long time for reasons of transparency.

Zribi also said that the Tunisian-Moroccan consortium, which won the bid, is planning to expand its activity in the field of private education in Tunisia and to set up subsidiaries of the International School of Carthage in several regions of the country, such as Sousse, Sfax and Bizerte.

In this context, the minister said that several companies and land belonging to the family of the ousted president will also be put up for sale.

Mehdi Tamarziste, CEO of Meninx Holding, stressed that the consortium that won the divestment will continue the process of excellence initiated by the ISC and will work to improve the base of private education in Tunisia, especially that the “Holding Générale d'Education”, one of the consortium's companies, has an experience dating from the 1980s in the field of private education and currently runs a dozen establishments in Morocco.

It should be noted that El Karama Holding, which manages the confiscated property, announced last October that it had received 8 financial offers for the acquisition of the International School of Carthage.

Source: TAP