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

Hyper-short-term investments: what are millennials investing in?

02/09/2019Hyper-short-term investments: what are millennials investing in?

Despite the stereotype of the younger generation being frivolous with their money, it seems they are actually one of the savviest generations when it comes to turning a profit on their own. While they are hesitant to invest in stocks, millennials and generatio

Prepare for the Future with These Investment Strategies

01/10/2021Prepare for the Future with These Investment Strategies

Don’t just leave your money sitting in your bank account to earn hardly anything in interest. Instead, check out the investment options that are outlined in this infographic from HotForex, and continue reading to learn more.

US Unique in the World as to Its Bankruptcy Laws

30/11/2016US Unique in the World as to Its Bankruptcy Laws

The United States is unique in the world as to its bankruptcy laws. No other country gives its ordinary citizens the ability to start fresh, without debt, without stripping them of almost all their possessions.

AI to Rescue the Lost Generation and Get Them Back to Work

28/05/2024AI to Rescue the Lost Generation and Get Them Back to Work

The UK is facing a significant problem of nearly 9 million people (age 16-64) who are ‘economically inactive’ meaning that they do not currently have a job and are not looking for work. Those who are employed are taking more sick days in the last decade th

Agentic AI’s Success Depends on Data Integrity

10/06/2025Agentic AI’s Success Depends on Data Integrity

Interest in autonomous AI tools is accelerating, as businesses look to streamline operations and enhance customer experiences.

How to Lower Your Car Insurance Payments Fast

12/01/2023How to Lower Your Car Insurance Payments Fast

Everyone would like to lower the cost of their car insurance payments. However, not everybody actually looks at active ways to reduce the cost of their auto insurance. If that’s you, it’s time to change your ways. So, check out the following helpful advice

7 Considerations to Keep in Mind When Downsizing Your Office Space

16/09/20227 Considerations to Keep in Mind When Downsizing Your Office Space

The process of downsizing your office space can be daunting, but it doesn't have to be. A lot of companies right now have decided to downsize their office space for a variety of reasons. Maybe your company is doing better than expected and you're running out o

Why Risk Management Matters in the Long-Term Care Sector

07/04/2026Why Risk Management Matters in the Long-Term Care Sector

Risk management is a central concern in regulated industries, and long-term care is no exception. Providers operate under scrutiny, compliance demands, and pressure to maintain standards while managing budgets, staffing shortages, and rising expectations. In t

2016 Most Innovative Business Leader

30/06/20162016 Most Innovative Business Leader

Skaltek is a highly renowned manufacturer of equipment to the cable and wire industry, with customers in all four corners of the globe.

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