Clyde & Co advises Investment Trading Group on its sale of shares in logistics company

  • Communiqués de presse 14 mars 2024 14 mars 2024
  • Moyen-Orient

  • Droit des sociétés

Global law firm Clyde & Co has advised Investment Trading Group (ITG), the Investment Office of Al Tayer Group, on the sale of its 60 per cent shareholding in a market leading logistics company in Dubai who offer transportation solutions by air, ocean, and road.

Clyde & Co advises Investment Trading Group on its sale of shares in logistics company

Clyde & Co acted as lead counsel to ITG. The team was led by partner Roshanak Bassiri Gharb (corporate, Dubai), and associate Sara Magdy (corporate, Dubai).

Roshanak comments: “We extend our congratulations to ITG and its partners on the successful completion of this transformative transaction. We acknowledge the significant contributions of Al Tayer Group and ITG to the Middle East, having introduced more than 80 esteemed brands to the market. The divestiture marks a crucial milestone in the strategic direction of ITG, aligning with the evolution of the logistics sector in the UAE. We look forward to continuing our collaborative efforts and supporting both ITG and Al Tayer in their future endeavours.” 

Clyde & Co has extensive experience advising Middle East family-owned businesses and regional conglomerates, with a dedicated family business and regional conglomerates practice. Clyde & Co are one of the first international law firms to be accredited by the DIFC Family Wealth Centre as "Governance and Succession Planning Advisers". In addition, the firm has solid experience in the logistics sector, where it has historically played a significant role at global level.

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.

Learn more about Clyde & Co's Family Business offering