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Sosucam Affair: DF Holding Revokes Romy Castel's Mandate as Somdia Administrator
๐Ÿ‡จ๐Ÿ‡ฒ Cameroon /Economy & Trade

Sosucam Affair: DF Holding Revokes Romy Castel's Mandate as Somdia Administrator

From Journal du Cameroun · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Official statement Outcome reported
  • DF Holding has revoked Romy Castel's mandate as an administrator of its subsidiary Somdia.
  • The decision follows public statements by Castel criticizing Somdia's governance regarding the future of its subsidiary Sosucam.
  • DF Holding stated Castel's remarks were detrimental to the company's interests and destabilized governance.

DF Holding, the parent company of Somdia, has officially ended Romy Castel's role as an administrator within the agro-food subsidiary. This move marks a significant escalation in the dispute between Castel, daughter of founder Pierre Castel, and Somdia's management.

The general assembly of Somdia, acting on DF Holding's directive, proceeded with Castel's revocation on June 30, 2026. This action comes after Castel reportedly refused to resign despite requests from Somdia's board. Her refusal followed public criticisms she leveled against Somdia's governance, particularly concerning the strategic direction for Sosucam, the Cameroonian sugar company in which Somdia holds an 82% stake.

Castel had accused Somdia of "selling off a strategic asset instead of turning it around." DF Holding cited these public statements as the primary motivation for the revocation. The parent company asserted that Castel's comments were damaging to the interests of Somdia and contributed to destabilizing its governance structure. The decision aims to quell the internal conflict and protect the company's operations and reputation.

E

โ€” DF HoldingDF Holding's justification for the revocation, stating Castel's declarations were detrimental to company interests and destabilized governance.
DistantNews Editorial

Originally published by Journal du Cameroun in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.