Yasir Elakhdar, Partner, joined ZH in 2012 moving from the Saudi Arabia offices of an international law firm. He masters an in-depth knowledge of corporate laws and mergers and acquisitions - both in Egypt and the GCC region. In addition to handling a broad range of corporate transactions, trade regulation matters and providing general corporate advice, he proactively contributes to public and private mergers, acquisitions and joint ventures.
With over 16 years of experience, his professional track record includes the following examples of high-profile Egyptian and cross-border transactions:
- Advising the shareholders of Marcyrl for Pharmaceutical Industries SAE on the sale of a minority stake to a group of institutional investors. (2023)
- Advising the European Bank for Reconstruction and Development (EBRD) in the acquisition of a 95% stake in GlobalCorp. (2022)
- Advising the shareholders of EGABI Solutions SAE on the sale of a majority stake to one of the largest electrical companies in the region. (2021)
- Advising the shareholders of ADWIA on the sale of their entire shares to a consortium of institutional investors. (2020)
- Advising Ray-Lab Limited (a consortium of investors including Mediterrania Capital Partners, DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), Société de Promotion et de Participation pour la Coopération Economique and the European Bank for Reconstruction and Development) in its potential acquisition of the entire shares in Meta Med, the holding company of Techno Group. (2019)
- Advising Rewe Group (the holding company of DER Touristik) on its joint venture with Travel Ways Egypt for Tourism. (2019)
- Advising National Drilling Company SAE on its acquisition of the entire drilling business of Weatherford Drilling International in Egypt. (2019)
- Advising EFG-Hermes Holding (and its subsidiary Health Management Company) on its successful acquisition of the entire shares in El Mottahedon for Pharmaceuticals, Medical Accessories and Cosmetics Manufacturing. (2019)
- Advising Mondi Industrial Bags B.V. in the Acquisition of Suez Bags Company SAE through Mandatory Tender Offer. (2018)
- Advising Mondi Industrial Bags B.V. in its Acquisition of the National Paper Products Company SAE. (2018)
- Advising the Shareholders of Zahran Group for Households in the Joint Venture with SEB Internationale. (2018)
- Advising on the sale of minority stake in Madinet Nasr for Housing and Development SAE. (2017)
- Advising on the joint venture between the German Medical Health Care Center LLC, ProVita International Medical Center LLC and other investors for the operation of the biggest healthcare and rehabilitation facility in Egypt. (2017)
- Advising on the joint Venture Project between Red Sea Resorts (RSR) and Inertia for Real Estate Development (Inertia). (2017)
- Advising Nile Holding Company for Investment SAE on its successful investment in KIBO Fund II in Mauritius. (2016)
- Acting as local counsel in Egypt for the team advising Acino Pharma in its successful acquisition of certain assets of Norgine B.V. worldwide. (2016)
- Member of the team advising Beltone Financial Holding on its acquisition of a majority stake in Auerbach Grayson & Co. (New York-based brokerage firm). (2016)
- Advising Al-Safat Investment Group on the sale of a majority stake (59.5%) in National Drilling Company SAE. (2016)
- Advising OCI N.V. on its successful de-merger of its construction business and dual listing of the shares of Orascom Construction (one of the de-merged entities) on Dubai NASDAQ and the Egyptian Exchange. (2015)
- Advising the majority shareholders in the successful divestment of the entire stake in Fawry for Banking and Payment Technology Services SAE. (2015)
- Advising the majority shareholders in the successful divestment of the entire stake in Misr Glass Manufacturing Company SAE. (2015)
- Member of the team advising OCI N.V on its successful acquisition, through a Mandatory Tender Offer, of the outstanding shares (and GDRs) of Orascom Construction Industries SAE. (2014)
- Representing TVM Capital Ltd. on its successful acquisition, through a Mandatory Tender Offer, of a majority stake in the Arab Medical Equipment Company “AMECO” SAE. (2014)
- Member of the team advising Qatari National Bank on its successful acquisition, through a Mandatory Tender Offer, of the outstanding shares of National Société Générale Bank. (2013)
- Advising the shareholders (together with EFG-Hermes as financial advisor) on the successful sale of all the outstanding shares in Cleopatra Hospital Company SAE. (2012)
The Legal 500 ranked Yasir as “Next Generation Lawyer” in the practice of Projects & Infrastructure for the years 2017 and 2018.
He is member of the Egyptian Bar Association since 2005 and is member of the New York State Bar since 2010. He is proficient in Arabic and English.
Yasir achieved the LL.B. from Cairo University’s Faculty of Law (English Section) in 2005 and the LL.M. in International Law and Comparative Law from the American University in Cairo in 2007. He also achieved the LL.M. in General Studies from Benjamin N. Cardozo School of Law, New York USA, in 2009.
Email: Yasir.Elakhdar@hashemlaw.com
