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

A Guide to the UK Conveyancing Process for International Business Leaders Acquiring Property

31/07/2026A Guide to the UK Conveyancing Process for International Business Leaders Acquiring Property

The UK conveyancing process for international business leaders acquiring commercial or high-value residential property requires meticulous attention to cross-border regulations, tax liabilities, and corporate structuring. The process typically takes 8 to 12 we

Pre-M&A Security Risks & Liabilities Assessment – 5 Tips & Best Practices

18/01/2024Pre-M&A Security Risks & Liabilities Assessment – 5 Tips & Best Practices

In the high-stakes world of mergers and acquisitions, cybersecurity risks and vulnerabilities have quietly emerged as a key consideration and a crucial cog that can make the whole deal fall flat. During the process of taking over a company, the acquirer assume

Four Signs Your Business is Guilty of Wellbeing Washing and How to Avoid It

Corporate Social Responsibility

24/09/2024Four Signs Your Business is Guilty of Wellbeing Washing and How to Avoid It

It’s not rocket science that if employees feel valued and heard, they are more likely to engage in organisational goals, collaborate effectively, and do their best. High wellbeing results in workplace retention and serves as a talent magnet. However, with th

Immigration Specialists

23/11/2017Immigration Specialists

Immigration Specialists

Dell to Acquire EMC in Biggest Tech Deal of All Time

16/10/2015Dell to Acquire EMC in Biggest Tech Deal of All Time

Dell has agreed to acquire EMC for $67 billion or £33.15 a share, by far the biggest technology deal of all time.

2016’s Most Innovative Hedge Fund Manager, UK

30/06/20162016’s Most Innovative Hedge Fund Manager, UK

AIM is a UK-based asset manager, founded in 2008 by a long-standing team that had formerly managed $6 billion at UBS and $2 billion at Insight.

A Look at Careers with Elevated Risks of Cancer and Occupational Diseases

23/08/2024A Look at Careers with Elevated Risks of Cancer and Occupational Diseases

Certain careers pose significant health risks due to inherent job-related hazards. Safety risks such as repeated stress injuries and dangerous chemicals are frequently encountered by workers in these industries. This exposure has the potential to cause major h

2016 Intellectual Property Practitioner of the Year – Peru

31/07/20162016 Intellectual Property Practitioner of the Year – Peru

Over the years, Estudio Colmenares & Associados has grown to becoming the IP firm of choice in our region of Peru. Although there are a number of reasons why this is the case, we believe that our experience is what separates us form any of our competitors.

Unleashing Team Magic: A Dive into Small Business Synergy

20/05/2024Unleashing Team Magic: A Dive into Small Business Synergy

In the realm of small businesses, success often hinges on the collaborative efforts of a tight-knit team. Every entrepreneur dreams of assembling a group of individuals who complement each other’s strengths, work seamlessly together, and propel the busin

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