Baker McKenzie Advised Travco Group On 100% Acquisition Of Royal For Investment & Tourism Development (Royal Azur)

Baker McKenzie advised Travco Group on 100% acquisition of Royal for Investment & Tourism Development (Royal Azur)

The global law firm, Baker McKenzie Cairo acted as legal counsel to Travco Group in connection with its 100% acquisition of Royal for Investment & Tourism Development (Royal Azur) S.A.E. The transaction involves the full acquisition of the company that owns and operates two hotels in Hurghada, a strategic and fast-growing tourism destination on the Red Sea.

The acquisition strengthens Travco Group’s hospitality footprint in Egypt and supports its continued investment in expanding regional tourism offerings. Baker McKenzie Cairo advised Travco Group on all legal aspects of the transaction, acting as sole legal counsel.

The transaction was led by Mohamed Ghannam (Senior Counsel), with support from Zeinab Shohdy, Omar Zaki, Hayna Abdelrahim, and Chirouette Elmasry. The M&A team was supported by the firm’s Antitrust team led by Mohamed El Far, along with Hania Negm, Mohamed Elbaroudy, and Logaine Elshafi.

Click to know more about Baker McKenzie

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.