Zulficar & Partners assists Sika Group in strategic acquisition deal
Zulficar & Partners Law Firm has acted as legal counsel to Sika Group in its acquisition of 50% of MBS Construction Chemicals Egypt and 4% of MBS Construction Chemicals Trading from United Holding Company and Middle East Sealants & Adhesives (MESA), both indirect subsidiaries of Orascom Construction).
This divestment to Sika was a subsequent transaction to the completion of Sika’s global acquisition of MBCC Group.
Zulficar and Partners team was led by Ingy Badawy (founding partner and head of corporate and m&a group, pictured left) and Rana El-Nahal (partner, pictured right) and included Mohamed Maher (senior associate), Jana Abul Magd (associate), Ahmed ElGharbawi (associate) and Youmna Ahmed Hagar (associate).
MHR & Partners in association with White & Case acted as the legal advisor to the sellers and Al Ahly Pharos acted as the broker of the transaction.