Meysan Partners represented Allub Industrial Company in Acquisition of 100 Percent Stake in Al Aber Global
The deal was executed through a scheme of arrangement in accordance with the Saudi Companies Law
The Riyadh office of Meysan Partners has advised Allub Industrial Company in its acquisition of a 100 percent stake in Al Aber Global Industrial Company.
While Allub Industrial is a subsidiary of a prominent Kuwait-based group, Al Aber Global is a leading group operating in transformative industries and construction services in Saudi Arabia.
The acquisition, executed through a scheme of arrangement in accordance with the Saudi Companies Law, will enable Allub to expand its offerings to governmental entities, royal commissions, multinational corporations, and key partners with a new line of industrial and varied services.
Allub Industrial Company was advised by Meysan Partners’ corporate partner Michel G. Ghanem and counsel Neyla Rahal for the deal’s completion.