Addleshaw Goddard Advised Shareholders Of Transcorp International On Strategic Acquisition By Green Dome Investments
Addleshaw Goddard Advised Shareholders of Transcorp International on Strategic Acquisition by Green Dome Investments
The global law firm Addleshaw Goddard advised the shareholders of Transcorp International, Mr Rodrigue Nacouzi and CE Ventures Limited (a subsidiary of Crescent Enterprises), on the sale of their shareholding interests in Transcorp to Elite Co., a logistics platform owned by Green Dome Investments. Transcorp International, the UAE-based cold-chain logistics firm, operates in over 50 key cities across the UAE, Saudi Arabia, and Qatar. Upon completion, the deal will result in Elite Co. and Transcorp jointly managing a fleet of over 1,500 vehicles, 27 warehouses, and serving more than 800 clients.
Lowri Llwyd, Partner and Head of Corporate UAE at Addleshaw Goddard, commented:
“We are delighted to have been a part of this landmark deal for Transcorp and its shareholders. The deal shows a growing appetite and increased investment momentum for logistics in the region. We expect more large-scale transactions to follow for the sector in the wider GCC region in the near future.”
The Addleshaw Goddard team advising on the transaction included Lowri Llwyd (Partner), James Whittam (Counsel – Corporate Finance), and Pavel Kocian (Managing Associate – Corporate Finance).
Addleshaw Goddard is a global law firm with over 2,800 partners and employees across 22 offices spanning key commercial centres around the world. Six offices are in the UK – London, Leeds, Manchester, Edinburgh, Glasgow, and Aberdeen; eight in Europe – four in Germany and one each in Ireland, France, Luxembourg, Poland, and Spain; a further five in the GCC – Doha, Dubai, Abu Dhabi, Muscat, and Riyadh; and one in Asia – Singapore.
The firm has over 450 Partners and nearly 2,000 lawyers and fee-earners worldwide. In the Middle East, Addleshaw Goddard has 27 Partners and close to 100 other fee earners.
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