Addleshaw Goddard with Transcorp’s shareholders on sale to Elite.Co

Addleshaw Goddard advised the shareholders of Transcorp International, Rodrigue Nacouzi and Ventures Limited – a subsidiary of Crescent Enterprises – in connection with the sale of their interests in Transcorp to logistics platform Elite Co., a company owned by Green Dome Investments.

Headquartered in the UAE, is a cold logistics firm with operations in more than 50 key cities across the UAE, Saudi Arabia, and Qatar.

The Addleshaw Goddard team

The Addleshaw Goddard team working on the matter included counsel lead associate for the deal James Whittam, (corporate finance) and managing associate Pavel Kocian (corporate finance).

The comment

“The deal shows a growing appetite and increased investment momentum for logistics in the region.” commented Lowri Llwyd (pictured, partner, head of Corporate UAE at Addleshaw Goddard), “we expect more large-scale transactions to follow for the sector in the wider GCC region in the near future”