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Dentons Advised Imkan On Acquisition Of 51% Stake In Majestic Marine Investments Group LLC
Dentons advised Imkan on acquisition of 51% stake in Majestic Marine Investments Group LLC
The Global Law firm, Dentons, advised Imkan, a leading global master developer and subsidiary of Abu Dhabi Capital Group (ADCG), on its strategic acquisition of a 51% stake in Majestic Marine Investments Group LLC (Majestic Group), a leading marine engineering and marina construction company operating across the UAE and Saudi Arabia.
The transaction enhances Imkan’s in-house marine construction capabilities, supporting the delivery of waterfront, marina, and coastal development initiatives across the UAE and the broader Gulf Cooperation Council (GCC) region. Majestic Group’s expertise and portfolio — comprising over 200 completed marine projects and a workforce of more than 400 professionals — complements Imkan’s existing property development platform and underpins its long-term growth strategy.
The Dentons transaction team was led by Ross Barfoot (Corporate Partner, UAE), with support from Gargi Bohra (Lead Associate), and competition-related support from Melanie Martin (Partner) and the Dentons Middle East Competition team.
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