Barakat, Maher & Partners in association with Clyde & Co advises Arabia Investments Holding

Barakat, Maher & Partners in association with Clyde & Co has advised Arabia Investments Holding, a company listed on the Egyptian Exchange, on the 98 per cent sale of Arabian International Contracting through a Debt-to-Equity Swap. The complexity of the transaction, the structure, and the finesse provided by our team ensured an optimal outcome for our client. This is a standout transaction for M&As in Egypt.

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Arabia Investments Holding is an investment management company which has been listed on the Egyptian stock exchange since 2010. A heavily traded stock, the company has a diverse portfolio of investments across construction materials, electrotechnical projects, and non-banking financial (NBF) services.

The Barakat, Maher & Partners in association with Clyde & Co team was led by partners Mostafa Elsakka and Sameh Dahroug who were supported by associates Walid Enany and Dalya Mahmoud. 

Since the opening of the office in February 2023, the corporate/M&A and capital markets teams have advised local and international organisations on a number of transactions, including Capital for Securitization and Bedaya Mortgage Finance Co. (Bedaya) on the EGP 843 million securitization issuance for Bedaya, the first tranche of what is expected to be a total of a four-tranche programme with a value of EGP 3 billion; JAF Investment on its EGP 177 million 30 per cent dual acquisition of Rawaj Consumer Finance and UE Finance in Egypt from Arabia Investments Holding (AIH), a company listed on the Egyptian Exchange; advising PANGIAM on a project to revamp and develop Cairo International Airport; and Saint-Gobain on its 100 per cent acquisition of United Paints and Chemicals S.A.E. (Drymix), a ready-mix mortars manufacturer serving the construction industry in Egypt.

With over 30 years of experience in the Middle East and Africa (MEA), Clyde & Co is one of the largest international law firms with over 80 partners and over 540 staff operating through 9 offices and associated offices in Abu Dhabi, Cairo, Cape Town, Dar es Salaam, Doha, Dubai, Johannesburg, Nairobi, and Riyadh. Clyde & Co supports international and local organisations throughout the wider region with a full-service offering of local specialists across most business sectors and services of law, including commercial, commercial disputes, corporate, cyber risk, data protection & privacy, employment & immigration, finance, global recoveries, insolvency & reorganisation, intellectual property, international arbitration, projects & construction, real estate, regulatory & investigations, and technology, outsourcing & data.

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