K&A advised the National Agricultural Development Company (“NADEC”) in relation to its successful joint bid to acquire the Second Milling Company that was offered for privatization by the Saudi Grains Organization (“SAGO”). This transaction is part of one of the largest targeted sectors for privatization under the Kingdom’s Vision 2030.

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As part of its role, K&A advised NADEC on the definitive agreements regarding the ownership, management, commercial business and operation of the Second Milling Company.

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This transaction showcases K&A’s role as the premier PPP adviser for both government-side and investor-side roles, and its leading role for complex M&A transactions.

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This transaction comes at the same time that K&A is named as the Saudi Arabian Corporate Law Firm of the Year by Chambers Middle East Awards 2021 as announced here.