Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - White & Case Advises Saudi Automotive Services Company on Acquisition

Posted 8th July 2015

White & Case Advises Saudi Automotive Services Company on Acquisition

White & Case Advises Saudi Automotive Services Company on Purchase

Scroll to keep reading

White & Case Advises Saudi Automotive Services Company on Acquisition

White & Case Advises Saudi Automotive Services Company on Acquisition

View Biography

Global law firm White & Case LLP has advised Saudi Automotive Services Company (SASCO) on its acquisition of Zaiti Petroleum Services Company (Zaiti) from Madaen Star Group Company. SASCO has appointed Saudi Fransi Capital as its financial adviser on the transaction.

SASCO operates petrol stations, car service centres, motels, retail stores and restaurants in Saudi Arabia and is publicly listed on the Saudi Stock Exchange (Tadawul). Zaiti operates petrol stations and provides automotive and catering services across Saudi Arabia. White & Case advised SASCO on the entire transaction, including the acquisition agreement, obtaining certain regulatory approvals, assisting with pre- and post-completion matters and the application of the various CMA regulations.

“We’re very pleased to have been involved in such a strategic transaction for SASCO at a time of its ambitious expansion in Saudi Arabia,” said Riyadh-based White & Case local partner Robert Vydra, who led the Firm’s legal team. “The deal involved a number of unique and challenging aspects, including negotiating and implementing a complex consideration mechanism within tight deadlines. This transaction is another example of our long term commitment to Saudi Arabia and our in-country ability to provide clients with cutting-edge legal advice on complex public and private M&A transactions.”

The White and Case team in Riyadh was led by local partner Robert Vydra and included partner Dr. Waleed Al-Nuwaiser with support from associates James Rimmer, Majed Alkuraydis, Mishari Alabbad and Yazeed Al-Toaimi.

About White & Case
White & Case LLP is a leading global law firm with lawyers in 38 offices across 25 countries. Among the first US-based law firms to establish a truly global presence, we provide counsel and representation in virtually every area of law that affects cross-border business. Our clients value both the breadth of our global network and the depth of our US, English and local law capabilities in each of our regions and rely on us for their complex cross-border transactions, as well as their representation in arbitration and litigation proceedings.

Categories: Legal, M&A

You Might Also Like

Modern Business Models You Need to Know

06/01/2022Modern Business Models You Need to Know

Remember when the only way to shop was in person? Excluding catalog shopping, going to the store was the only way to shop. But as time passed, something started to change. Innovation took hold and revolutionized the way we do just about everything. Business mo

Leading the Progression of our Society

13/01/2022Leading the Progression of our Society

A pioneering force in both the Italian and international legal sectors, Professor Sara Valaguzza is unmatched in her commitment to bettering society through law. Following her recent award for Most Influential Woman in Administrative Law 2021 – Italy, Profes

Simple, Seamless, and Stress-free Business Sales

03/11/2022Simple, Seamless, and Stress-free Business Sales

Are you looking to sell your business? Lion Business Brokers can ensure that you and your business move throughout the sales process without a hitch, offering you premium services that are supplied by its team of industry experts.

How to Educate Remote Workforces About the Risks of WFH Scams

20/05/2025How to Educate Remote Workforces About the Risks of WFH Scams

Although telework is generally beneficial, removing the face-to-face aspect from business-critical tasks has left some organizations vulnerable to work-from-home (WFH) scams. What are the latest schemes targeting remote workers, and what can employers do to he

Over 10,000 COVID-19 Phishing Scams Reported to HMRC During Height of Pandemic

21/08/2020Over 10,000 COVID-19 Phishing Scams Reported to HMRC During Height of Pandemic

Her Majesty's Revenue and Customs (HMRC) is investigating 10,428 email, SMS, social media, and phone scams exploiting the Covid-19 pandemic, according to official figures.

Investing in Yourself

01/06/2021Investing in Yourself

At the end of the day, if you want to become an expert in business, that means that you're going to be spending a lot of time making investments. Some of these investments may seem obvious: You'll have to invest in equipment, real estate, and employees. Some i

Leader in Research and Development – North Wales

27/09/2022Leader in Research and Development – North Wales

We’ve all experienced a bad smell at some point in our lives, whether it’s from pets, children, leaky sewerage, or other people’s food in the office.

Are You an Intrapreneur? You Could Be Priceless to the Right Business

02/04/2024Are You an Intrapreneur? You Could Be Priceless to the Right Business

Millennials and Generation Z are natural entrepreneurs but may not have the resources to start their own businesses, so many established organisations are increasingly awakening to the value of intrapreneurship, the act of behaving like an entrepreneur while w

7 Factors to Consider Before Launching a New Marketing Campaign

08/11/20217 Factors to Consider Before Launching a New Marketing Campaign

A marketing campaign is vital for any business to reach out to potential clients and gain leads. Creating one from scratch could be a daunting task. If it's your first attempt at creating a marketing campaign for your business, there are several considerations

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS