We are pleased to have acted as the legal advisor of Obegi for Chemical Industries and Polymers SAE (“OCIP”) on the successful sale of its state-of-the-art plant for the manufacturing of high-quality water-based emulsion polymers serving the coatings, construction, and adhesives industries. The sale was to one of the leading players in the field of chemical industries, Eagle for Chemicals Manufacturing and Trading SAE (“Eagle”).
Zulficar & Partners team was led by Mariam El Masry, Partner, with instrumental support from Dr. Mohamed Okasha, Counsel, key involvement of Emad Dyaa El-Din, Associate, and assistance of Mohamed Al Hibri, Associate.
Dr. Firas El Samad, Founding and Managing Partner, was closely involved throughout, providing strategic insight at critical stages of the transaction.
BEMO Securitization SAL acted as the arranger and placement agent to OCIP on the deal.
We congratulate the teams involved in this deal on the successful closing and wish them all continued success going forward.