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

Ethical AI: Why the Insurance Industry Must Stop Racing Towards Automation and Firstly Consider Consumer Impact

09/03/2023Ethical AI: Why the Insurance Industry Must Stop Racing Towards Automation and Firstly Consider Consumer Impact

The insurance industry is driven by data, from underwriting to claims to pricing, as well as customer interactions, marketing and products. The exponential growth in the volume of structured and unstructured data available to insurers has meant that the histor

Using Promotional Gifts as a Customer Retention Strategy

12/11/2025Using Promotional Gifts as a Customer Retention Strategy

In a culture filled with thumb taps, keyboard strokes, and tweets, marketing can sometimes feel like shouting into a black hole. Which is why when a customer can hold, feel, use, or show off your brand, they sit up and take notice. Promotional items are more t

7 Best SOC 2 Compliance Software in 2024

26/07/20247 Best SOC 2 Compliance Software in 2024

7 Best SOC 2 Compliance Software in 2024 With cybersecurity threats on the rise and becoming more sophisticated by the day, SOC 2 compliance is becoming a real non-negotiable for businesses to assure customers and stakeholders that they take their security and

HAYSTACKID Acquisition of FLEX Discovery Transaction

29/02/2016HAYSTACKID Acquisition of FLEX Discovery Transaction

HAYSTACKID is an international end-to-end eDiscovery and forensics services and solutions provider.

Quality and Service Excellence Stands the Test of Time

27/02/2018Quality and Service Excellence Stands the Test of Time

The Checkers Safety Group designs and manufactures ground-based industrial safety products in its eight factories across the United States, Canada, Mexico, the United Kingdom and the Netherlands, and sells through a distribution network to industrial markets o

In-House Legal Team: Should You Invest or Continue With Outside Help?

23/11/2022In-House Legal Team: Should You Invest or Continue With Outside Help?

There is no hiding from the fact that companies, both large and small, need to invest in legal aid to help with the smooth running of their operations. And, with more than 90% of legal and tax professionals saying their work provides them with a significant se

15/05/2015Alix Partners

The firm’s expertise covers a wide range of businesses and industries, whether they are healthy, challenged, or distressed.

Investing in Crypto, Is It wise?

24/09/2021Investing in Crypto, Is It wise?

When the person who is lending rockets to NASA says something about the future of technology, the world pays attention. The billionaire also walked the talk instead of just preaching. His company invested over $1.5 billion in Bitcoin this year.

Average Cost of a Data Breach Reaches An All-Time High of $4.45m, But AI and Automation Continue to Save Time and Money

24/08/2023Average Cost of a Data Breach Reaches An All-Time High of $4.45m, But AI and Automation Continue to Save Time and Money

IBM’s Cost of a Data Breach report has highlighted the increasing cost for companies that suffer a data breach. The report found that the average cost of a data breach is now at an all-time high of $4.45 million. This represents an increase from last year, u

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