Menu Search through site content What are you looking for?

Clyde & Co advises NCC on its strategic acquisition of majority stakes in Grako and Gecko

  • Press Releases 8 November 2018 8 November 2018
  • Middle East

Global law firm Clyde & Co has advised National Catering Company LLC (NCC) and ADX listed company, The National Investor, on the acquisition by NCC of a majority stake in each of Grako LLC (Grako) and Gecko Middle East Services Co. LLC (Gecko). Grako is a specialized facilities management company reputed for its high-level access cleaning and maintenance services, most commonly known for cleaning the facades of Burj Khalifa and Dubai Airport for many years. Gecko is a UAE-based company specializ

Clyde & Co advises NCC on its strategic acquisition of majority stakes in Grako and Gecko

Clyde & Co advised NCC on all aspects of the acquisition, including drafting and negotiating the transaction documents and corporate structuring issues. The transaction illustrates the ever growing appetite for UAE investors to invest in major growth areas in the domestic market.

This investment by NCC supplements its already robust portfolio and puts Grako and Gecko in prime positions to expand their operations into the Abu Dhabi market by leveraging NCC’s well-established client base and reach, particularly in the oil and gas and maritime industries. The investment also aligns with NCC's core strategy of driving growth in focus sectors by partnering with leading players with high growth potential. Given the recent growth outlook across the facilities management and industrial sectors in the region, this investment is particularly well timed.

Niall O'Toole, Partner in Abu Dhabi and Chair of Clyde & Co's Global Corporate and Commercial Practices Group comments: "With the growing number of projects to be delivered in the region, the facilities management industry is facing an unprecedented set of opportunities for growth and we certainly expect similar deals in the next two to three years."

Abdullah Mazroui, Chairman of NCC, says: "The acquisition of Gecko will add to our range of services in the oil and gas sector in Abu Dhabi, while the Grako acquisition will strengthen our foothold in Dubai and the Northern Emirates."

The Clyde & Co team was comprised of Niall O'Toole, Rob Barrett (Senior Associate - Corporate) and James Marriner (Associate - Corporate). The transaction also drew on the resources of our regionally-based Employment and Corporate Services teams.

Clyde & Co has forged a reputation as a go-to firm for M&A and JV transactions, with the largest corporate practice in the Middle East with 25 partners and over 70 experienced lawyers. As one of the region's few genuine full-service firms, Clyde & Co acts as a 'one-stop shop' and advises on a number of significant acquisitions and divestments for listed companies, private equity firms and international and domestic investors. It has assisted clients in realising their investments, gaining access to new markets and achieving their corporate objectives for more than 25 years in its key focus sectors.

Clyde & Co has the largest presence and is one of most experienced international law firms in the Middle East with over 40 partners and 400 staff, based full time in Abu Dhabi and Dubai in the UAE, Doha in Qatar, Muscat1 in Oman and Riyadh in Saudi Arabia, providing a full-service commercial offering of local specialists across most business sectors and practice areas.


Office of Fatma Al Mamari Advocacy and Legal Consultancy Firm, in association with Clyde & Co.