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Freshfields Advises Alpha Dhabi on Its Investment in Gordon Technologies
Freshfields advised Alpha Dhabi (ADX: Alphadhabi) on its acquisition of a 25% stake in Gordon Technologies, a leading provider of MWD (Measurement While Drilling) technology to the oil and gas industry, for approximately $164m.
More information about the transaction can be found here.
Alpha Dhabi Holding, the UAE listed conglomerate, was established in 2013 and is one of the fastest growing Abu Dhabi based investment holding companies, with more than 100 businesses spread across healthcare, renewable energy, petrochemical and other industries as well as real estate, construction and hospitality.
The Freshfields team was led by New York-based Partner Andrea Merediz Basham, Senior Associate Michal Netanyahu and Associate Sarah Darwish. Partner Joe Soltis and Counsel Dennis Caracristi advised on tax matters; Partner Brandon Gantus and Senior Associate Andrew Herman on employee benefits matters; Partner Menachem Kaplan and Associates Marissa Yu and Mili Astesiano on IP matters; and Partner Kyle Lakin and Associate Claire Leadbeatter on finance matters.
ENDS
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