30th of January, 2019

Sharkawy & Sarhan Advises Americana Group on the Sale of Greenland

Keywords: Retail & Consumer Goods, Mergers & Acquisitions

Sharkawy & Sarhan advised Americana Group on the sale of its 100% stake in Greenland Group to Dairy Distributors for Distribution S.A.E., a joint venture owned by Halawa and French dairy group Lactalis. The sale of Greenland was through a bidding process. Sharkawy & Sarhan advised Americana on all phases of the bidding process including conducting and preparing an extensive due diligence on Greenland Group, conducting meetings with bidders to advise on the legal due diligence, drafting and negotiating the Egyptian law sale purchase agreement with the successful bidders and finalizing the sale purchase agreement and other transaction documents with Halawa-Lactalis. Sharkawy & Sarhan’s M&A Team as well as the Corporate Commercial Team worked on the sale transaction; including, Mohamed N. Hazzaa, Mohamed Abdelgawad, Esraa Abdelmoniem, Nesma Abdelbary, Hana Awad, Noha Eissa and Yomna Elewa

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S&S advising Americana Group on the sale of Greenland

30 January, 2019
Keywords: Retail & Consumer Goods, Mergers & Acquisitions

Sharkawy & Sarhan advised Americana Group on the sale of its 100% stake in Greenland Group to Dairy Distributors for Distribution S.A.E., a joint venture owned by Halawa and French dairy group Lactalis. The sale of Greenland was through a bidding process. Sharkawy & Sarhan advised Americana on all phases of the bidding process including conducting and preparing an extensive due diligence on Greenland Group, conducting meetings with bidders to advise on the legal due diligence, drafting and negotiating the Egyptian law sale purchase agreement with the successful bidders and finalizing the sale purchase agreement and other transaction documents with Halawa-Lactalis. Sharkawy & Sarhan’s M&A Team as well as the Corporate Commercial Team worked on the sale transaction; including, Mohamed N. Hazzaa, Mohamed Abdelgawad, Esraa Abdelmoniem, Nesma Abdelbary, Hana Awad, Noha Eissa and Yomna Elewa

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