AS&H Clifford Chance advises Saudi Arabia's Nesma & Partners on the successful completion of its acquisition of leading global energy services firm Kent

5 February 2024

AS&H Clifford Chance has advised Saudi Arabian contracting firm Nesma & Partners on the successful completion of its acquisition of global energy services firm Kent.

Operating for over 40 years, Nesma & Partners has an established track record of success in delivering a number of Saudi Arabia’s industrial and infrastructure projects for a wide range of clients in the public and private sectors.

Kent is a renowned global leader in engineering and project management within the energy sector.

The AS&H Clifford Chance team was led by Partner Sahel Mughal and included key members Zayn Khan, Greg Hayes and Olga Mizikova.

Corporate Partner Sahel Mughal, who led the deal team from Riyadh, commented,"We are grateful to the Nesma & Partners team for having entrusted us to deliver this transformative acquisition for them, alongside colleagues from our offices in Australia, China, Germany, the Netherlands, Saudi Arabia, the UAE, UK and US. Bringing this major transaction to completion underscores our position as the go-to law firm to execute global transactions for our Saudi clients."

AS&H Clifford Chance has a strong track record of advising on some of the largest, most innovative and complex M&A transactions. This includes advising the Public Investment Fund on its US$69 billion sale of its stake in SABIC, which remains the largest ever M&A transaction in the Middle East, as well as advising National Commercial Bank on its merger with Samba Financial Group, which created the largest bank in Saudi Arabia.