K&A advised the Saudi Industrial Investment Group (SIIG) on the share swap acquisition of National Petrochemical Company (Petrochem). The transaction aims to create a regional petrochemical powerhouse, enhancing Saudi Arabia’s petrochemical landscape and delivering progress towards Vision 2030.
This landmark transaction cements K&A’s role as the leading KSA firm for complex M&A transactions. K&A has worked on every premier public or private M&A deal, on sell and buy-side, whether on a competitive or bilateral basis. From the SAMBA/NCB merger, Sipchem/Sahara share swap, to the SABB/AlAwwal merger, to the Saudi Aramco/SABIC acquisition, K&A has been at the forefront of complex M&A work in KSA.
Our role for SIIG utilized all of our tier 1 practice areas, including M&A, capital markets, corporate, competition, finance, and dispute resolution.
Many thanks goes out to Managing Partner Zeyad Khoshaim, Associates Mohammad Almania, Duaa Amer and Yazeed Alsayari for leading the transaction, and to Counsel Amro Bakhaidar, Associates Yousef Tolah, Omar Alharbi, Ghaida Meaigel, Meshal Alkolaika, and Hawa Abaalkhail, and trainee associates Raghad Alhumaidan and Modi Alnafea for their support.