GLA & Company acted as lead counsel for Agthia Group PJSC in completing the procedures for restructuring the indirect stake of the minority shareholders in Ismailia Agricultural and Industrial Investment Company – Furat (Atyab) for the benefit of AG Synergy Holdings 1 RSC LTD. This strategic move underscores the client’s intent to expand its portfolio within the F&B sector, leveraging the acquisition of a significant stake in a company with diverse international interests.

Agthia Group PJSC is a leading Abu Dhabi-based food and beverage company. Established in 2004, the Company is listed on the Abu Dhabi Securities Exchange (ADX) under the symbol “AGTHIA”. As part of ADQ, one of the region’s largest holding companies, Agthia has a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy. The Group’s assets are located in the UAE, Saudi Arabia, Kuwait, Oman, Egypt, Turkey, and Jordan. Agthia offers a world-class portfolio of integrated businesses providing high-quality and trusted food and beverage products for consumers across the UAE, GCC, Turkey, the wider Middle East, South America, and Asia.

Alex Saleh, Managing Partner, commented that “we are honored to have led the legal counsel for Agthia Group PJSC on the restructuring of their stake in Ismailia Agricultural and Industrial Investment Company – Furat (Atyab). Our involvement in this significant transaction demonstrates GLA’s expertise and leading position in the market for providing exceptional legal services, particularly in complex restructuring and corporate matters across the GCC and MENA regions. This transaction is a testament to our commitment to delivering top-tier legal counsel to our clients in intricate international business dealings.”

The GLA & Co team was led by Alex Saleh, Managing Partner, and Partner Yousef Al Amly, with support from associates Salma Farouq, Khaled Al Khashab, Rana Moustafa and Habiba Wahdan.

For more information please contact our Managing Partner, Alex Saleh at alex.saleh@glaco.com