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AS&H Clifford Chance Acted on Nesma & Partners' Acquisition of Leading Saudi Energy Services Firm
AS&H Clifford Chance Acted on Nesma & Partners' Acquisition of Leading Saudi Energy Services Firm
AS&H Clifford Chance played a pivotal role in facilitating the successful acquisition of Kent, a prominent global energy services firm, by leading Saudi Arabian contracting firm Nesma & Partners.
Nesma & Partners boasts over four decades of experience in delivering diverse industrial and infrastructure projects across Saudi Arabia, serving both public and private clients. Their established expertise and strong reputation made them a compelling partner for Kent.
Kent, recognised as a distinguished global engineering and project management company, brings specialised skills in the energy sector to the table. This acquisition allows Nesma & Partners to capitalise on Kent's expertise and expand its service offerings to clients in the energy industry.
The AS&H Clifford Chance team, led by Partner Sahel Mughal, played a crucial role in ensuring the smooth completion of this transaction. Key members of the team included Zayn Khan (Senior Associate, Riyadh), Selman Ansari (Counsel, Riyadh), Greg Hayes (Senior Associate, London), and Olga Mizikova (Foreign Lawyer, Dusseldorf). Their expertise in cross-border transactions and deep understanding of the energy sector were instrumental in navigating the complexities of the deal.
This successful acquisition highlights the growing importance of collaboration and strategic partnerships in the global energy sector. With the combined strengths of Nesma & Partners and Kent, both companies are well-positioned to benefit from new opportunities and contribute to the development of sustainable energy solutions.