Commercial, corporate and M&A in Saudi Arabia

Abdulaziz Alajlan & Partners

Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited George Sayen; Zahi Younes; David A. Monnier; Omar J. Iqbalhas significant expertise in handling high-profile mergers and acquisitions in a wide range of sectors including TMT, healthcare and pharmaceuticals, defence and energy. Practice head Karim Nassar led the team on a number of Saudi Arabian and foreign corporate and M&A transactions. Other key individuals include George Sayen, a specialist in M&A and joint ventures, and Zahi Younes who is experienced in cross-border M&A. David A. Monnier advises on competition and M&A, and Omar J. Iqbal has significant expertise in private equity. Mohammad Al Rasheed left for an in-house role in February 2020.

Practice head(s):

Karim Nassar

Other key lawyers:

George Sayen; Zahi Younes; David A. Monnier; Omar J. Iqbal

Key clients

Stryker Corporation

Dallah Healthcare Company

General Authority for Competition

Navantia

Shell Saudi Arabia Refining Limited

Almarai Company

Mohamed Yusuf Naghi Motors Company Ltd

Royal Commission for ALUla

Al Inma Investment Company

Saudi Binladin Group Company

Work highlights

  • Advised Stryker Corporation, one of the world’s leading medical technology companies based in Kalamazoo, Michigan on its acquisition of the entire share capital of Wright Medical Group N.V. a global medical device company focused on extremities and biologics.
  • Advising General Authority for Competition (GAC) on implementing regulations.

Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance

Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance advises on a broad range of corporate work for blue-chip companies. Majid Al-Sheikh heads the team and specialises in M&A deals. Mansoor Alhagbani focuses on capital markets and Khalid Al-Abdulkareem has expertise in privatisations. Omar Rashid and Daniel Royle are also noted.

Practice head(s):

Majid Al-Sheikh

Other key lawyers:

Mansoor Alhagbani; Khalid Al-Abdulkareem; Omar Rashid; Daniel Royle

Clyde & Co LLP

Clyde & Co LLP has corporate and commercial specialists with industry expertise in the insurance, marine, construction, technology, healthcare, education and financial sectors. Key areas of focus include market entry, restructuring, acquisitions, distribution and franchising agreements. Practice head Abdulaziz Al-Bosaily has extensive experience advising multinational and Saudi corporations on capital markets, M&A and joint ventures. Alain Sfeir has been particularly active advising on corporate restructurings and IPOs. Glenn Lovell focuses on foreign direct investment, as well as general corporate and commercial advice.

Practice head(s):

Abdulaziz Al-Bosaily

Other key lawyers:

Alain Sfeir; Glenn Lovell

Testimonials

‘Clyde & Co Middle East is a full service firm in the region, unlike other international firms who only have a satellite office. This is a huge benefit when trying to execute complex projects and entering the region for the first time. Their knowledge of local regulators is excellent and rather than just advise, they are able to guide clients through every step of the process, including incorporation, structuring and acquisition.’

‘Clyde & Co provides international Law Firm quality service on crucial areas of local law. They are more well versed on the practical implications and administration of the local laws than any other law firm.’

‘Clyde & Co has a comprehensive and profound understanding of commercial practices in Saudi, particularly in the ICT industry. Their professional knowledge and suggestions are very helpful in Saudi, which is sometimes not such a prescriptive jurisdiction. ’

‘Mr. Abdulaziz Albosaily (Abu Turki) is so always so kind to support in a professional and timely manner. with Clyde & Co’s coverage advantage in Middle East area, we can easily acquire a comprehensive analysis and interpretation of the provisions across the entire region, especially in GCC.’

‘Clyde & Co provides us their professional legal advice regarding new entity establishment, labor issue, commercial dispute in the Kingdom of Saudi Arabia. We are not involved in any M&A activities in KSA.’

‘Mr. Abdulaziz AlBosaily – Honest, sincere, based on the fact advisory, trustworthy’

‘They are friendly, client-focussed and commercial. ’

‘The firm is one of the most reliable law firms in the Middle East and has handled various corporate matters, including ones with multinational companies. ’

‘Mr. Abdulaziz Al-Bosaily: He has extensive knowledge in a wide range of practice areas and lots of experience working with multinational companies. He gives us sound and practical advice on the business related laws in Saudi Arabia for a foreign company like us. He is an excellent communicator.’

‘Their ability to step into our shoes as a client and address the challenges we face. Often with lawyers, you can get an advice with 100s of caveats – with Clyde & Co, the advice will be so clear and to the point. Sometimes, when we compare advice received from Clyde & Co and other international firms, the difference is very clear! We subsequently stopped using all other law firms.’

Key clients

DuPont Sustainable Solutions

Genesys Telecommunications Laboratories, Inc.

Xerox Limited

Mapei SpA

CareTech

Huawei

Philips Middle East

Almarai

Interpublic

Work highlights

  • Advising on potential managed equipment services public private partnership project for the King Faisal Specialist Hospital including advice on a potential joint venture.
  • Advising the leading global print and digital products company on its entry into a new joint venture with Olayan Saudi Holding Company, a private multinational enterprise centred in the KSA.
  • Acting for Huawei on a range of matters including company regulations, foreign investment regulations and technologies regulations.

Khoshaim & Associates

Khoshaim & Associates has particular expertise in the oil and gas sector advising clients on M&A and corporate governance matters. Managing partner Zeyad Khoshaim leads the team and is supported by Leen Zaza, who is recommended for M&A, joint ventures and corporate restructurings.

Practice head(s):

Zeyad Khoshaim

Other key lawyers:

Leen Zaza

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar has expertise across corporate, M&A, private equity, investment funds and corporate restructuring. Key sectors of strength include healthcare, consumer goods and retail, oil and gas, education, technology and e-commerce. Nabil Issa has a strong background in Shari'ah-compliant funds, joint ventures and private equity transactions.  Osama Audi and Jawad I. Ali are also noted, the latter specialises in the oil and gas sector.

Practice head(s):

Jawad I. Ali

Other key lawyers:

Nabil Issa; Osama Audi

Key clients

Saudi Aramco Investment Management Company (SAIMCO)

Mizuho Gulf Capital Partners Ltd

NMC Healthcare

Gulf Investment Corporation

Islamic Development Bank

GEMS Education

The National Shipping Company of Saudi Arabia (Bahri)

Sadara Chemical

Delivery Hero Holding GMBH

Gulf Capital PJSC

Riyad Capital

Western Union

Jabal Omar Development Company

Jeddah Economic Company

Arabian Company for Water and Power Development (ACWA Holding)

Arcapita

Samba Capital

Mubadala Investment Company

Small and Medium Enterprises Authority (SME Authority)

MASIC (Mohamed I. AlSubaei & Sons Investment Company)

Wa’ed Ventures (Saudi Aramco Entrepreneurship Center)

Al Muhaidib

Gateway

Gulf Finance House

Wadi Makkah

Al Rai’dah

Aramex PJSC

Alarabi

Riyad TAQNIA Fund

Global Ventures Ltd

Aramis Partners

Samsung

Bulldozer Group

Ashmore Investments

Social Development Bank

Saudi Jordanian Investment Fund

eWTP Arabia

Christian Dior

Work highlights

  • Advised Gateway Fund I, L.P., acting through its general partner, Gateway Partners Limited, to acquire 42.5532% of all the Tim Hortons franchises across the GCC.
  • Advising Sharjah Asset Management on its investment into the Hamriyah Independent Power Plant, being a 1.8GW combined-cycle power plant in Sharjah, United Arab Emirates.
  • Advising Occidental on the UAE aspects of the sale of its liquified natural gas (LNG) assets in Mozambique for $3.9bn.

Law Office of Mohanned bin Saud Al-Rasheed in association with Baker Botts L.L.P.

Law Office of Mohanned bin Saud Al-Rasheed in association with Baker Botts L.L.P. has a solid corporate and commercial practice with expertise in advising overseas investors with their expansion into the Middle East. Stephen Matthews splits his time between Dubai and Riyadh and displays strong industry knowledge of the defence and security industries. Shadi Haroon focuses on cross-border advisory work, and Euan Pinkerton advises on a wide range of corporate mandates as well as on the development and finance aspects of projects and capital markets transactions.

Practice head(s):

Stephen Matthews

Other key lawyers:

Shadi Haroon; Euan Pinkerton

Key clients

Daikin Europe

Mott MacDonald International

ThyssenKrupp Elevator Saudi Arabia

VTT International

Marsh Saudi Arabia for Insurance and Reinsurance Brokerage

Kudu

Work highlights

  • Advising Mott MacDonald International on the establishment of a foreign-owned engineering consultancy in Saudi Arabia.
  • Advising a Saudi Arabian commercial bank on the $270m purchase of shares from two of its overseas-based shareholders.

Derayah LLPC – Saudilegal

Derayah LLPC – Saudilegal regularly advises on commercial transactions with contentious elements and M&A transactions with competition law aspects. Andreas HaberbeckAsad Abedi and Ali Abedi are the key names to note.

Practice head(s):

Andreas Haberbeck; Ali Abedi; Asad Abedi

Key clients

F. Hoffman La-Roche AG

Cinepolis

Work highlights

  • Advised F. Hoffman La-Roche AG on the restructuring of its Saudi Arabian distribution operations.
  • Advised Cinepolis on obtaining the fourth cinema operational license in Saudi Arabia for Lux Entertainment, a partnership between Cinepolis, Al-Hokair Group for Tourism and Development and Al-Tayer Group.

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP has a broad range of expertise and advise clients on privatisation, venture capital, corporate regulatory matters. M&A transactions are a key speciality and the team advises on both sell-side and buy-side transactions. Salman Al-Sudairi regularly assists Saudi Arabian and international clients with complex commercial transactions, including M&A, joint ventures, private equity and privatisations. Omar M. Elsayed is active on joint ventures, capital markets and privatisation transactions.

Practice head(s):

Salman Al-Sudairi

Other key lawyers:

Omar M. Elsayed

Key clients

Government of the Kingdom of Saudi Arabia

National Centre for Privatization & PPP (NCP)

Saudi Grains Organisation – SAGO Milling

Saudi Basic Industries Corporation (SABIC)

Banque Saudi Fransi

Riyad Bank

National Center for Privatisation & PPP

Air Products and Chemicals, Inc.

Local Content and Government Procurement Authority (NAMAA)

Work highlights

  • Advised the National Center for Privatization and PPP (NCP) and the Grains Privatization Committee on the first phase of the flour milling sector privatisation through the successful award of the First Milling Company and the Third Milling Company to qualified strategic private investors.
  • Advised SABIC on the sale of its agri-nutrients businesses to SAFCO in consideration for newly issued SAFCO shares.
  • Advising NAMAA on the issuance of regulations which aims to prioritize local content, Saudi small and medium enterprises (SMEs) and Saudi listed companies in government businesses and procurements through different means.

The Law Firm of Salah Al-Hejailan in association with Freshfields Bruckhaus Deringer

The Law Office of Megren M. Al-Shaalan in cooperation with White & Case

The Law Office of Megren M. Al-Shaalan in cooperation with White & Case advises a broad range of domestic and international clients in sectors ranging from energy to chemicals. Cross-border M&A, joint venture, private equity and privatisations are particular areas of strength for the team. Sami E. Al-Louzi is highly recommended, as are Doug Peel who has notable experience advising on IPOs and Marcus Booth who focuses on private equity. Founding and managing partner Megren M. Al-Shaalan has a strong corporate and capital markets practice.

Practice head(s):

Megren M. Al-Shaalan; Doug Peel; Sami Al-Louzi; Marcus Booth

Other key lawyers:

James Rimmer

Key clients

Saudi Arabian Oil Company (Saudi Aramco)

The Industrialization and Energy Services Company (TAQA)

Arabian Drilling Company (ADC)

Ma’arif Holding Company for Education and Training

MDL Beast

Mediclinic

Work highlights

  • Advised Saudi Arabian Oil Company (Saudi Aramco), the world’s largest oil company by production, on its $69.1bn acquisition of a 70% stake in Saudi Basic Industries Corporation (SABIC), one of the world’s largest chemicals companies, from the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia.
  • Acted for the shareholders of Ma’arif Holding Company for Education and Training on the sale to GEMS Education and Hassana Investment Company.
  • Advised MDL Beast on the MDL Beast Festival in Riyadh, a first of its kind music festival for Saudi Arabia.

Al-Enezee Legal Counsel in association with EKP

Al-Enezee Legal Counsel in association with EKP advises local and foreign investors on a range of commercial matters, M&A, joint ventures and corporate structuring. The practice has sector expertise in insurance, healthcare, construction, TMT and aviation. Founding and managing partner Ziad El-Khoury leads the team alongside Wissam Hachem who specialises in foreign investment, securities and insurance matters.

Practice head(s):

Ziad El-Khoury; Wissam Hachem

Key clients

Walaa Cooperative Insurance Company

Crédit Agricole Corporate and Investment Bank (CACIB)

Middle East Financial Investment Company (MEFIC)

Al Wasail Industrial Company

Sinopec – Branch of Sinopec International Petroleum Service Corporation

Cravia Group

L’Azurde Company for Jewellery

Biologix FZCO and Algorithm

M A Al Abdul Karim & Co Ltd

Globalpharma Company LLC

Agility Company LLC

Dallah Health

Geberit International Sales AG

Nalco Saudi Company (Part of Ecolab)

Decathlon

WhiteWater West Industries

IBI Group

Chedid & Associates Saudi Arabia Insurance Brokerage Limited

Arkan Business Group

Harbin Electric International Co Ltd

ZP Arabia Drilling Company Ltd

POSH Semco Pte Ltd

Saudi Mechanical Industries Companies

Work highlights

  • Acted for Walaa Cooperative Insurance on its merger with MetLife AIG ANB through a swap of shares in accordance with the laws and regulations of the Capital Market Authority.
  • Advised Credit Agricole on taking security in the Kingdom of Saudi Arabia in respect of facilities of $6bn being extended to the McDermott Technology group of companies.
  • Advised MEFIC on the acquisition of a healthcare group of companies in Saudi Arabia.

Al Tamimi & Company

Al Tamimi & Company has a sizeable corporate and M&A practice with offices in Riyadh, Jeddah and the Eastern Province. The firm has a broad range of expertise and receives government mandates relating to public-private partnerships (PPP), privatisation and the drafting of legislation. Key areas of strength include technology, healthcare and defence. Grahame Nelson advises on the full range of corporate and M&A work, including corporate finance, corporate regulatory and competition law matters. Nick O’Connell has a strong focus on technology-related matters. Corporate practice head Hesham Al-Homoud specialises in M&A, joint ventures and Shari’ah-compliant transactions.

Practice head(s):

Grahame Nelson; Hesham Al Homoud; Nick O’Connell; Bandar Al Hamidani; Philips Kotsis

Key clients

Ministry of Health

The Red Sea Development Company

Amaala Project

Health Matrix

Sportlink

Weststar Aviation Services

Nusr-Et

SF Express

Saudi Arabian Football Federation

Saudi Payments Company

Work highlights

  • Advised Jacobs Engineering in connection with the $3.3bn sale of Jacobs ECR, a business with 30,900-plus employees in 27 countries, to Australia-based, Worley Parsons.
  • Advising the Ministry of Health on the Al-Iman Hospital public-private partnership (PPP).
  • Advised Weststar Aviation Services on its expansion and restructuring, including setting up a new helicopter company.

DLA Piper in collaboration with Mohammed Ayedh AlShahrani and Saad Mansour AlMansour Law Firm ended its collaboration with Amer Al Amr Law Firm on 30 June 2020 and is currently collaborating with Alshahrani Almansour, a full-service law firm with offices in Riyadh and Al Khobar. Will Seivewright heads the corporate practice, and Tim Sunar heads the Al Khobar office and advises on cross-border M&A, corporate finance, international joint ventures, reorganisations and a range of commercial transactions. Paul Latto has a strong background in banking and finance transactions, and displays growing expertise in corporate, M&A, restructuring and regulatory work.

Practice head(s):

Will Seivewright; Tim Sunar

Other key lawyers:

Paul Latto

Law Firm of Hassan Mahassni In association with Dechert LLP

Law Firm of Hassan Mahassni In association with Dechert LLP represents a broad range of clients including buyers and sellers, majority and minority shareholders, multinational corporations, medium-sized companies and individuals. The practice has a wide range of industry expertise from water and energy, to food and beverages. Senior consultant AbdulMoeen Arnous has extensive experience in joint ventures, M&A, corporate restructurings, incorporations and liquidations. Associate Faisal A. Linjawy is also noted and displays expertise in corporate restructuring and M&A.

Mohammed Al-Ghamdi Law Firm in association with Norton Rose Fulbright US LLP

Mohammed Al-Ghamdi Law Firm in association with Norton Rose Fulbright US LLP has an experienced corporate and M&A practice with a particular expertise in advising multinational healthcare and pharmaceutical conglomerates in the region. Mohammed Al-Ghamdi is head of the Riyadh office, and has in-depth knowledge of M&A, joint ventures, licensing, project bidding and execution and privatisation. Paul Lockyer was promoted to partner in 2020 and specialises in M&A and foreign direct investment.

Practice head(s):

Mohammed Al-Ghamdi; Paul Lockyer

Other key lawyers:

John Boehm; Bassam Oweidat

The Law Firm of Wael A. Alissa in association with Dentons

The Law Firm of Wael A. Alissa in association with Dentons provides a full-service offering, from complex corporate and M&A advice to employment, public procurement, banking & finance, and dispute resolution. Ziad Saad and Imtyaz Sattar are also noted.

Practice head(s):

Nick Simpson

Other key lawyers:

Ziad Saad; Imtyaz Sattar

Key clients

Saudi Arabian Ministry of Finance

Amazon.com [Saudi Office]

Saudi Cinema Company [a PIF Subsidiary]

Saudi Information Technology Company (SITE) [a PIF Subsidiary]

The Red Sea Development Company [a PIF Subsidiary]

Thiqah

SATORP (Saudi Aramco Total Refining and Petrochemical Co.)

Ford Motor Company

Facebook

Privatair Saudi Arabia Limited

KKR

Ascential PLC

Dynamic Industries Saudi Arabia, Ltd.

Flughafen Munchen GmbH

Bain Capital

General Electric Medical Services Co.

Public International Law and Policy Group (PILPG)

IKEA

Work highlights

  • Advising the joint venture company for AMC cinemas on a range of commercial matters including employment matters, leases, and general corporate commercial issues.
  • Advising Amazon.com on a number of corporate and commercial matters in Saudi Arabia, including employment, contracts, and regulatory advice.

Al-Ghazzawi Professional Association (in association with Herbert Smith LLP)

Al-Ghazzawi Professional Association (in association with Herbert Smith LLP) has particular expertise in advising clients on a broad range of commercial and maritime matters. Key areas of focus include M&A, joint ventures, corporate governance and restructurings. Name partner Talal Amin Al Ghazzawi heads the practice.

Practice head(s):

Talal Amin Al Ghazzawi

AlDhabaan & Partners in association with Eversheds Sutherland (International) LLP

AlDhabaan & Partners in association with Eversheds Sutherland (International) LLP has a strong local presence and advises on a range of M&A, capital markets and commercial matters. Managing partner Fahad AlDehais AlMalki has significant experience advising on rights offerings and funds. Muhammad Arif Saeed and Anmar Al-Gharifi are also recommended.

Practice head(s):

Fahad AlDehais AlMalki; Muhammad Arif Saeed; Anmar Algharifi

Key clients

Chubb Arabia for Cooperative Health Insurance

Community Development Company

Meras MEDICAL Group

Al Ahlia for Cooperative Insurance

AlRashid Trading and Contracting Company

Tronox Limited

Thales International Saudi Arabia

Alfanar Company

Deutsche Bahn

ABB Asea Brown Boveri Ltd.

Work highlights

  • Advising AlAyuni Investment and Contracting Company on the BOT approach to the Saudi Landbridge Project.
  • Provided regulatory advice to Careem on electronic payment regulations applicable to its digital wallet, allowing its customers to pay through the Careem app for rides and some other services.
  • Advised the sellers in Meres Arabia Medical Holding Company, a leading chain of cosmetic dermatology and dental clinics in Riyadh, on the sale of a majority stake to MEFIC CAPITAL.

The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP

The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP advise a broad and diverse client base from state-owned companies and private equity funds, to private companies and financial institutions. Managing partner Looaye Al-Akkas assists clients with cross-border M&A and capital markets transactions and focuses on energy, petrochemical, and infrastructure projects.

Practice head(s):

Looaye Al-Akkas; Jeff Eldredge

Key clients

Ahmad Hamad Al Gosaibi & Bros

Amlak International for Real Estate Finance Company

Arabian Chemical Terminals

Gulf Investment Corporation

International Maritime Industries Company

Jasara Program Management Company

Olayan Financing Company

Sadara Chemical Company

Sanabil Direct Investments Company a wholly owned subsidiary of the Saudi Public Investment Fund (PIF)

Saudi Aramco

Saudi Aramco Development Company

Saudi Aramco Entrepreneurship Center

Saudi Printing and Packaging Company

Tabuk Agricultural Development Company

Zuhair Fayez Partnership

Work highlights

  • Advised a subsidiary of Saudi Aramco on the establishment of Jasara Program Management Company, a joint venture with Jacobs Engineering, and on the subsequent sale of 30% of its holding in Jasara to the Saudi Public Investment Fund (PIF).
  • Advised Sanabil (a wholly-owned subsidiary of the Saudi Public Investment Fund (PIF)), GIC and OFC on their $35m Series C funding round in MoneyForAnyCar.com Ltd., a company offering used car valuation and sales services in the Kingdom of Saudi Arabia and the United Arab Emirates through its local vehicle, SellAnyCar.com.
  • Advised Amlak International for Real Estate Finance Company on its real estate financing business and as legal counsel to its initial public offering (IPO) of 27.18 million shares in the Saudi stock market (Tadawul).

Law Offices of Dr Mujahid M. Al-Sawwaf

Law Offices of Dr Mujahid M. Al-Sawwaf has an experienced corporate and commercial practice which is led by name partner Law Offices of Dr Mujahid M. Al-Sawwaf, who has particular expertise in Islamic and commercial law. Key areas of strength include joint ventures and commercial agreements. David Wells is also noted.

Practice head(s):

Mujahid Al-Sawwaf; David Wells

Saud Al-Ammari (Dr.) Law Firm

Saud Al-Ammari (Dr.) Law Firm displays expertise in M&A, joint venture and commercial work with in-depth knowledge of the energy sector. Saud Al-Ammari is noted.

Practice head(s):

Saud Al-Ammari

Shearman & Sterling in association with the Law Firm of Dr. Sultan Almasoud

Shearman & Sterling in association with the Law Firm of Dr. Sultan Almasoud advises across a wide spectrum of corporate and commercial matters including M&A, private equity, joint ventures and corporate reorganisations for local, regional and international investors. The practice has expertise in the energy, real estate, industrials, consumer and retail industries. Dr Sultan Almasoud and Sanjarbek Abdukhalilov are the key points of contact.

Practice head(s):

Dr. Sultan Almasoud

Other key lawyers:

Sanjarbek Abdukhalilov

Key clients

Jabal Omar Development Company

Bin Dayel Group

NOMW Capital

Alsalam Aerospace Industries Company

Swicorp

Five Capital Partners

NMC Healthcare

Goldman Sachs Saudi Arabia

Work highlights

  • Advised NMC Healthcare LLC on a joint venture agreement with Hassana Investment Co. (the investment arm of the General Organisation for Social Insurance (GOSI) of Saudi Arabia) to establish a new national healthcare company in Saudi Arabia.
  • Advised Goldman Sachs Saudi Arabia, acting as the financial adviser to The Saudi British Bank (“SABB”), on the merger of SABB with Alawwal Bank (“Alawwal”).
  • Advised Baker Hughes on its entry into a joint venture agreement with Saudi Aramco to create a facility in the Kingdom of Saudi Arabia (the “Kingdom”) to manufacture non-metallic materials, which will be used in a variety of areas of energy industry.

Zamakhchary & Co. in agreement with Linklaters

Zamakhchary & Co. in agreement with Linklaters has an active presence in the market and displays particular expertise in advising sovereign wealth funds. Scott Campbell and Martin Creek excel in corporate finance transactions. Waleed Rasromani was promoted to counsel in 2020 and advises on high-value M&A work.

Practice head(s):

Waleed Rasromani; Scott Campbell; Martin Creek

Other key lawyers:

Nicholas Edwards

Key clients

Savola Group

Saudi Arabia Fertilizer Company

Public Investment Fund of Saudi Arabia (PIF)

Neom

BRF

Unilever

TasHeel

Bugshan Investment Company Ltd.

NCB Capital

Saudi Telecom Company

National Petrochemicals Industrial Company (NATPET)

Mawarid Group

Xenel Industries Limited

Saudi Investment Recycling Company

Schlumberger

Amaala Holding Company

The Royal Commission of Makkah and the Holy Sites

The Diplomatic Quarter General Authority

ARRIS International

Mohammed Ali Al Swailem Group

FS Italiane

GEFCO

GE

Lockheed Martin

Saudi Bugshan Group

Linde

Advanced Petrochemical

Al Rajhi Group

Saudi Electricity Company

Zain KSA

Work highlights

  • Advised Schlumberger, the world’s largest oilfield services company, on the proposed sale of its regional land rigs business to a Saudi joint venture between Schlumberger and TAQA.
  • Advised the Saudi Arabian Fertilizer Company (SAFCO) on the acquisition of shares in three agricultural nutrient companies from Saudi Basic Industries Corporation (SABIC).
  • Advised the Saudi Investment Recycling Company (SIRC) on the acquisition of Global Environmental Management Services (GEMS) from a consortium of investors comprising Jadwa Investment, Fajr Capital and Ashmore.