Hogan Lovells Advised Frimex International Investment Company On Acquisition Of Majority Stake In Gulf Neo Trading Company
Hogan Lovells advised Frimex International Investment Company on acquisition of majority stake in Gulf Neo Trading Company
The global law firm, Hogan Lovells, advised Frimex International Investment Company on its acquisition of a majority stake in Gulf Neo Trading Company, one of the GCC’s largest distributors of pharmaceutical and medical devices. Frimex, a family-owned investment firm with over 46 years of experience and a presence across the GCC and global markets, undertook this strategic investment to expand its footprint in the healthcare sector. Gulf Neo is recognized for its high-quality standards and specialized portfolio, and the transaction supports enhanced access to medical and pharmaceutical products throughout the region.
Walid Salib commented,
“This transaction underscores our commitment to supporting clients as they pursue strategic, high‑impact investments in the Kingdom. We are pleased to have advised Frimex on a deal that strengthens its position in a sector so vital to the region’s future.”
The Hogan Lovells Riyadh team was led by Walid Salib (Partner), with support from Hana Wafa (Associate), Mohamed Alshaikh (Associate), Ghaida Albuainain (Associate), and Ahmad Alshaikh (Associate).
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