MBH with Hassan Allam Utilities on its JV with A.P. Moller Capital
Matouk Bassiouny & Hennawy (“MBH”) acted as the legal counsel to Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, on its joint venture with A.P. Moller Capital, an affiliate of A.P. Moller Holding that manages stand-alone alternative investment funds focusing on infrastructure in growth markets. The firm is regulated by the Danish Financial Supervision Authority.
The new platform will provide a range of services, including air cargo handling facilities, logistics and distribution centers, integrated warehousing parks, and inland dry ports, with its assets initially located in Egypt. The platform will also provide critical infrastructure services to support the growth of businesses in the region and drive economic development.
The partnership aims to attract USD 200 million of direct investments in Egypt’s logistics, freight, and warehousing sectors.
The MBH team advising on the matter was led by Tamer El Hennawy (partner, co-head of capital markets and corporate and m&a, pictured), Samih Talaat (counsel), and Omar Zayed (associate).
Global law firm, White & Case has acted as legal counsel to A.P. Moller Capital. For more information on the team click here