Kuwait-based National Consumer Holding Company (NCHC) has made a significant move towards expanding its industrial investment portfolio with the acquisition of Cozmo Entertainment General Trading (Cozmo). The binding agreement, recently signed, stipulates NCHC’s acquisition of 100% of Cozmo’s share capital.
Meysan Partners, a prominent corporate law firm in Kuwait, played a pivotal role in facilitating the transaction, ensuring the successful completion of the deal. Michel G. Ghanem, partner at Meysan, led the legal team alongside Salwa Abdallah, senior associate, and Rosy Rizk, trainee associate.
Cozmo Entertainment General Trading, a leading operator of entertainment chains in Kuwait, boasts a robust network of over seven outlets. With this strategic acquisition, NCHC aims to capitalize on Cozmo’s established presence in the entertainment sector and leverage its potential for growth.
With offices strategically located in Kuwait, the UAE, Saudi Arabia, Egypt, and Lebanon, Meysan Partners is well-positioned to offer comprehensive legal advice and support to clients across diverse industries in the Middle East and beyond, Meysan Partners, led by partner Michel G. Ghanem (pictherd)
As NCHC continues to fortify its position as a leading industrial investment company in Kuwait, the acquisition of Cozmo presents an exciting opportunity for both entities to foster mutual growth and success in the entertainment sector.