Al Khayyat Investments acquires Growthcap’s distribution business
Regional conglomerate Al Khayyat Investments (“AKI”) has completed the acquisition of Growthcap Investments’s distribution business in the UAE in respect of over 30 brands including Tippys, Natures Kitchen, Enviro Guard, Resona Organics and Huy Fong.
Clyde & Co acted as lead counsel to AKI. The team was led by partner and head of corporate – Middle East Naji Hawayek and senior associate Ghalya Rashid Ali (corporate), who were assisted by partner Joycia Ycung (commercial), senior associate Afraz Hussain (corporate) and associate Daniel Goddard (commercial).
Headquartered in the UAE, AKI is a family-owned regional conglomerate with long-standing brand partnerships and advanced infrastructure and logistics centres operating across various sectors.