Stephenson Harwood with Kaya on divestment of its Middle East businesses to Humania GCC

Stephenson Harwood advised Kaya, an Indian multinational skincare, haircare, and bodycare treatment provider, on the divestment of its Middle East businesses to Humania GCC Holding Limited.

The sale of its Middle East businesses – Kaya Middle East DMCC and Kaya Middle East FZE – to Humania GCC Holding Limited, an investment platform dedicated to healthcare opportunities in the Middle East and emerging markets, is set to bring new growth opportunities for the entities in the region.

Stephenson Harwood’s team

The Stephenson Harwood team advised on all aspects of the transaction including the drafting and negotiation of the transaction documents with a team led by partner Diwakar Agarwal, who was supported by managing associate Philippa English, associate Hajer El Moumni and paralegal Jeevni Sharma.

Kaya

Founded in 2003, Kaya is a publicly listed company with operations in India and is amongst the largest international chain of skincare clinics in the Middle East with a presence across the United Arab Emirates, Kingdom of Saudi Arabia, and the Sultanate of Oman, spread across nine cities throughout the region.