GLA & Company is proud to announce that it has advised Heidelberg Materials Egypt on its strategic investment in ZeroCarbon, a leading player in waste management and alternative fuel production in Egypt. The partnership combines Heidelberg Materials Egypt’s industrial capabilities with ZeroCarbon’s expertise in alternative fuels. It supports the cement industry’s move towards more sustainable and resource-efficient operations, and contributes to the growth of Egypt’s alternative fuels market.

GLA & Company also advised Heidelberg Materials Egypt on the Egyptian Competition Authority (ECA) merger control filing, and the transaction received conditional approval.

As the leading regional MENA Arab Civil Law firm, GLA & Company operates across multiple jurisdictions, including Kuwait, Bahrain, Qatar, Saudi Arabia, the UAE and Egypt. Our firm is dedicated to providing exceptional legal services and facilitating strategic transactions that drive regional growth.

Alex Saleh, Managing Partner at GLA & Company, commented: “We are proud to have supported Heidelberg Materials Egypt on this strategic investment, which brings together industrial strength and alternative fuels expertise to advance sustainability in Egypt’s cement sector. This transaction highlights the depth of our M&A and Competition practices in Egypt and our ability to guide clients through both the commercial and regulatory sides of complex transactions. We congratulate Heidelberg Materials Egypt and ZeroCarbon on this important milestone.“

The GLA & Co. Corporate team for this transaction was led by Partner and Head of M&A Nevine Abou Alam, with Partner and Head of the Cairo Office Hegui A. Taha, supported by Associates Mounir Hany and Maryam Tarek. The regulatory team was led by Partner and Head of Antitrust & Competition Asad Ahmad, with Senior Associate, Khaled Al Khashab.