K&A advised Ashmore Investment Saudi Arabia on its first investment under its Industrial Initiative, on purchasing a stake in Pharco KSA, the Saudi subsidiary of Pharco Pharmaceuticals.

‍

The investment forms part of Ashmore’s strategy to support industrial growth and localisation initiatives in the Kingdom, in alignment with Saudi Vision 2030 objectives

K&A advised on all aspects of the transaction, reflecting the firm’s strong capabilities in complex cross-border and strategic M&A investments within regulated sectors. The K&A team was led by partner Hamdan Van den Brule, supported by Managing Partner Zeyad Khoshaim and Associate Yousif Latifa.

This transaction further reinforces K&A’s position as a leading adviser on strategic and industrial M&A transactions in Saudi Arabia. It follows the firm’s recent recognition as Regional Law Firm of the Year at the Law Middle East Awards, underscoring K&A’s standing as a premium independent law firm advising on high-profile and transformational transactions across the Kingdom and the region.