K&A successfully  advised Bawan Company on its cross-border acquisition of the entire  equity share of Petronash Holding Limited (“the Target”) and  its subsidiaries across multiple jurisdictions, including KSA, UAE, Qatar,  Oman, and India.

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This acquisition aims  to strengthen Bawan’s strategy of business diversification by entering into  industrial sectors and manufacturing specialized engineering products. The  closing of this transaction is subject to customary conditions and regulatory  approvals.

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The transaction was led  by Partners Omar Iqbal and Zeyad Khoshaim and  supported by Counsel Paul Matrosov, Senior Associate Neil Williams,  and Associates Abdullah Mazzah, Areej Bahashwan, Yousif  Latifa, and Nourah Salamah.

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This cements K&A’s  commitment to facilitating impactful regional transactions in the market, and  it coincides with K&A’s recent expansion into the UAE market by setting  up an office in Abu Dhabi to support regional investments by Saudi Arabian  companies wishing to invest in assets and businesses in the region.