K&A Advised On Major Regional Equipment Rental Divestment In The UAE
K&A advised on the sale of a 60% stake in Byrne Equipment Rental to GFH Financial Group in the UAE.
K&A Advised on Major Regional Equipment Rental Divestment in the UAE
The leading independent Saudi Arabian law firm, Khoshaim & Associates (K&A), advised the sellers on the sale of a 60% stake in Byrne Equipment Rental to GFH Financial Group. Byrne operates a fleet of approximately 16,000 units across Saudi Arabia, Oman, UAE, and Bahrain, serving over 1,100 blue-chip clients in sectors including oil & gas, construction, utilities, and events.
The transaction was led by Omar Iqbal (Partner) and Neil Williams (Senior Associate), with support from Nabeel Sarwar (Associate). The deal was completed on an accelerated timetable and involved complex multi-jurisdictional mechanics across different jurisdictions.
This transaction further reinforces K&A’s position as a leading adviser on complex cross-border M&A in the GCC and follows the firm’s recent recognition as Regional Law Firm of the Year at The Law Middle East Awards.
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