Legal Advisors, Abdulaziz Alajlan & Partners advised Mohamed Yousuf Naghi Motors Company Ltd in relation to the acquisition of all assets from Al Jazirah Vehicles Agencies Company (AJVA) in connection with the Ford and Lincoln distributorship in the western and southern regions of Saudi Arabia; and the negotiation and execution of the distribution arrangements with Ford and Lincoln.

Mohamed Yousuf Naghi Motors Company Ltd is a prominent Saudi automotive family business and is the official importer and distributor of BMW, Jaguar, Land Rover, Hyundai and now Ford and Lincoln.

Commenting on the transaction, David Monnier said: “We were delighted to advise our client Mohamed Yousuf Naghi Motors Company Ltd on this strategic acquisition. This transaction is a testament to how active the automobile industry and its players are in the Kingdom and the Gulf region.”

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To speak to us about the deal or the Saudi M&A market generally, please feel free to contact one of the lawyers below, or your usual Baker McKenzie contact.

Author

David Monnier is a Corporate partner and Head of the Saudi Competition Practice Group of Legal Advisors In Association with Baker McKenzie Limited, based in Riyadh. David advises both Saudi Arabian and foreign clients across a broad range of sectors on international mergers and acquisitions, joint ventures and other strategic corporate transactions.

Author

Christiana O'Connell-Schizas is a senior associate of Legal Advisors Abdulaziz Alajlan & Partners in association with Baker & McKenzie Limited. She joined the firm at the beginning of 2014 and is actively involved in advising both Saudi Arabian and foreign clients on a wide range of corporate, commercial and employment matters and M&A transactions.

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