Marcos Spanos

Acted for the Seller on the sale of Nurai Island Resort, an ultra-luxury boutique private island resort off the coast of Abu Dhabi, to Aldar Properties PJSC, the leading real estate developer and manager in the UAE. The transaction included the sale of shares of Nurai Island Hotel and two new islands located northeast of Nurai Island which are envisioned for high-end luxury residential development.

Advised on a tri-partite joint venture between a Chinese listed steel manufacturer, a Saudi listed Oil & Gas company and a GCC sovereign wealth fund to develop a steel plate manufacturing facility in Saudi Arabia.

Advised Ghassan Aboud Group on a partnership agreement with AD Ports Group on the development of one of the region’s largest food trading and logistics centers in Abu Dhabi.

Acted as legal counsel to ETC Group (ETG) on the sale of a 49% stake in ETG Inputs Holdco Limited (EIHL) to SABIC Agri-Nutrients Company (SABIC AN) for USD 320 million. EIHL owns more than 350 distribution centers across Sub-Saharan Africa and has become a market leader in distribution and blender of specialized fertilizers and agro-chemicals.

Advised a GCC sovereign wealth fund on its acquisition of a defense technology company in the Kingdom of Saudi Arabia.

Advised Gulf Marketing Group on the acquisition of the Géant, Monoprix and Franprix franchise, including a total of 18 hypermarket and supermarket locations across the UAE, from Dubai Holding and Meraas.

Acting for the Gulf Marketing Group on the acquisition of Royal Sporting House's (RSH) sports retail business, from Dubai based conglomerate Al Futtaim Group. The deal comprised the acquisition of RSH's sports retail business in Singapore, Malaysia, and Hong Kong together with operations in the UAE, Egypt and Qatar.

Acting for a Hong Kong conglomerate on their strategic tripartite joint venture to establish a MENA and APAC focused logistics company based in the in the GCC.

Acting for a Saudi water desalination and wastewater solution group, on their acquisition of a stake in the 1.8 GW Ben Ban solar PV project in Egypt, through Bahraini holding structure from a private equity group and European government fund.

Advising IQVIA, a leading global provider of data and technology solutions for the healthcare industry, on the acquisition of a healthcare technology business in Asia and the Middle East.