We are pleased to have acted as legal counsel to the shareholders of The Kanoo Group on the sale of BRC Arabia, a leading UAE-based manufacturer of cut-and-bend steel and wire mesh solutions for the construction sector, to Easa Saleh Al Gurg Group.
This transaction represents a significant milestone for the UAE’s industrial and construction industries, underscoring the continued evolution and consolidation of key players in the region’s infrastructure supply chain. For The Kanoo Group, the sale of BRC Arabia reflects a strategic decision to focus on its core business priorities while ensuring the long-term growth and sustainability of its industrial ventures.
BRC Arabia has been a recognized contributor to major construction and infrastructure projects across the UAE, and this transaction ensures that its operations will continue to thrive under a new strategic ownership structure. Throughout the process, our team worked closely with the shareholders to provide comprehensive legal support, guiding the transaction from initial negotiations to successful completion.
The deal demonstrates the growing sophistication of the UAE’s corporate landscape and the role of trusted legal counsel in enabling shareholders to navigate high-value deals with confidence.
We congratulate the shareholders and everyone involved for the successful completion of this transaction.
Legal Advisory Team
DK Singh, Managing Partner, and Aparajita Chakraborty, Counsel advised on the transaction.
Floor 9, South Tower, Emirates Financial Towers, Dubai International Financial Centre PO Box 506546, Dubai, United Arab Emirates
Copyright © 2023 All rights reserved.
Floor 9, South Tower, Emirates Financial Towers, Dubai International Financial Centre PO Box 506546, Dubai, United Arab Emirates
Copyright © 2023 All rights reserved.