Al-Hossam Legal is proud to announce the successful completion of a landmark acquisition deal, where it acted as the sole legal counsel. The firm expertly steered the acquisition of a 99% stake in Central Supervision Market Co. by Al Eid Food Co. (K.S.C), a prominent entity listed on Boursa Kuwait, in a deal valued at KWD20.5 million.
Central Supervision Market Company, a major player in the food services sector, is integral to providing a wide range of consumer goods including meat and frozen foods. This acquisition is a strategic endeavour by Al Eid Food Co. to expand its operational scope in the food services industry, aligning seamlessly with their ‘Goals 25’ regional expansion strategy.
This achievement is a testament to Al-Hossam Legal’s unwavering dedication to providing exceptional legal services and its commitment to realizing the strategic objectives of its clients. The firm extends its deepest gratitude to Mr. Mohammed Al Mutairi, CEO of Al Eid Food Co. (K.S.C), for entrusting them with such a significant and complex transaction.
As Al-Hossam Legal continues its journey towards legal excellence, the firm views this successful acquisition as a clear indicator of its dedication and capacity to support its clients’ successes and objectives.