AS&H Clifford Chance advises Ajlan & Bros Holding Group on its strategic minority investment in AJEX Logistics Services
22 October 2025
AS&H Clifford Chance advised Ajlan & Bros Holding Group ("Ajlan") in connection with DHL eCommerce's acquisition of a significant minority stake in Ajlan's subsidiary AJEX Logistics Services, consequently creating a logistics and eCommerce joint venture between Ajlan and DHL e-Commerce in Saudi Arabia.
The investment underscores Ajlan’s commitment to fostering international partnerships and advancing the logistics and eCommerce landscape in Saudi Arabia. By joining forces with DHL eCommerce, AJEX Logistics Services is poised to set new benchmarks for service excellence and operational efficiency in the Kingdom. The investment will further strengthen Saudi Arabia’s logistics and eCommerce infrastructure, directly supporting the Kingdom’s Vision 2030 objectives to position Saudi Arabia as a global logistics hub.
The AS&H Clifford Chance team was led by Partners Majid Al-Sheikh and Omar Rashid, together with Counsel Aysh Chaudhry, Senior Associate Muhammad Ansab, and Associates Shahinaz Al Assaf, Intesar Al Khayyal, and Rana Al Khowaiter (all based in Riyadh). Legal Director for M&A Gareth Dray, based in Clifford Chance's Dubai office, advised on UAE related aspects and Partner Edward Page and Senior Associate Viktoria Parkhomenko, based in Clifford Chance's London office, advised on the tax related aspects of the transaction.