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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