Yasir Elakhdar > Zaki Hashem & Partners, Attorneys at Law > Cairo, Egypt > Lawyer Profile

Yasir Elakhdar

(+20-2) 2399 9999 law@hashemlaw.com

Work Department

Corporate, M&A

Position

Partner

Career

Mr. Yasir Elakhdar, Partner, masters an in-depth knowledge of corporate laws and mergers and acquisitions – both in Egypt and the GCC region.  In addition to handling a broad range of corporate transactions, trade regulation matters and providing general corporate advice, he proactively contributes to public and private mergers, acquisitions and joint-ventures.

Having joined ZH&P in 2012 and with over 15 years of experience, his professional track record includes the following selected examples of recent transactions that he has contributed to:

• Advising EBRD on its investment with other co-investors in a major leasing company. (In progress)
• Advising the shareholders of Marcyrl for Pharmaceutical Industries SAE on the sale of a minority stake to a group of institutional investors. (2022)
• Advising the shareholders of EGABI Solutions SAE on the sale of a majority stake to one of the largest electrical companies in the region. (In progress)
• Advising the shareholders of ADWIA on the sale of their entire shares to a consortium of institutional investors. (2020)
• Advising Ray-Lab Limited (a consortium of investors including Mediterrania Capital Partners, DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), Société de Promotion et de Participation pour la Coopération Economique and the European Bank for Reconstruction and Development) in its potential acquisition of the entire shares in Meta Med, the holding company of Techno Group. (2019)
• Advising Rewe Group (the holding company of DER Touristik) on its joint venture with Travel Ways Egypt for Tourism. (2019)
• Advising National Drilling Company (S.A.E) on its acquisition of the entire drilling business of Weatherford Drilling International in Egypt. (2019)
• Advising EFG-Hermes Holding (and its subsidiary Health Management Company) on its successful acquisition of the entire shares in El Mottahedon for Pharmaceuticals, Medical Accessories and Cosmetics Manufacturing. (2019)
• Advising Mondi Industrial Bags B.V. in the Acquisition of Suez Bags Company SAE through Mandatory Tender Offer. (2018)
• Advising Mondi Industrial Bags B.V. in its Acquisition of the National Paper Products Company SAE. (2018)
• Advising the Shareholders of Zahran Group for Households in the Joint Venture with SEB Internationale. (2018)
• Sale of minority stake in Madinet Nasr for Housing and Development SAE. (2017)
• Joint-venture between the German Medical Health Care Center LLC, ProVita International Medical Center LLC and other investors for the operation of the biggest healthcare and rehabilitation facility in Egypt. (2017)
• Joint Venture Project between Red Sea Resorts (RSR) and Inertia for Real Estate Development (Inertia). (2017)
• Advised Nile Holding Company for Investment SAE on its successful investment in KIBO Fund II in Mauritius. (2016)
• Acted as local counsel in Egypt for the team advising Acino Pharma in its successful acquisition of certain assets of Norgine B.V. worldwide. (2016)
• Member of the team advising Beltone Financial Holding on its acquisition of a majority stake in Auerbach Grayson & Co. (New York-based brokerage firm). (2016)
• Advised Al-Safat Investment Group on the sale of a majority stake (59.5%) in National Drilling Company (S.A.E) (Pending Regulatory Approvals). (2016)
• Advised OCI N.V. on its successful de-merger of its construction business and dual listing of the shares of Orascom Construction (one of the de-merged entities) on Dubai NASDAQ and the Egyptian Exchange. (2015)
• Advised the majority shareholders in the successful divestment of the entire stake in Fawry for Banking and Payment Technology Services SAE. (2015)
• Advised the majority shareholders in the successful divestment of the entire stake in Misr Glass Manufacturing Company SAE. (2015)
• Member of the team advising OCI N.V on its successful acquisition, through a Mandatory Tender Offer, of the outstanding shares (and GDRs) of Orascom Construction Industries SAE. (2014)
• Represented TVM Capital Ltd. on its successful acquisition, through a Mandatory Tender Offer, of a majority stake in the Arab Medical Equipment Company “AMECO” SAE. (2014)
• Member of the team advising Qatari National Bank on its successful acquisition, through a Mandatory Tender Offer, of the outstanding shares of National Société Générale Bank. (2013)
• Advised the shareholders (together with EFG-Hermes as financial advisor) on the successful sale of all the outstanding shares in Cleopatra Hospital Company SAE. (2012)

Mr. Yasir Elakhdar was ranked by the LEGAL 500 as “Next Generation Lawyer” in the Projects & Infrastructure practice for the years 2017 and 2018.

Languages

Arabic and English

Memberships

He is member of the Egyptian Bar Association since 2005, of the New York State Bar since 2010, and is proficient in Arabic and English.

Education

LL.B. from Cairo University’s Faculty of Law (English Section)
LL.M. in International Law and Comparative Law from the American University in Cairo
LL.M. in General Studies from Benjamin N. Cardozo School of Law, New York USA