TLA Represents ReAya on Acquisition of Al ZahrawiSeptember 2013
Dubai, September 2013. The law firm of Tribonian Law Advisors (TLA) announces that it represented ReAya Holding (“ReAya”), in the acquisition of a significant minority stake in UAE and Qatar-based Al Zahrawi Group, trading under the name of MEDCO.
Al Zahrawi Group is a healthcare focused group specializing in medical, surgical, diagnostic lab and analytical lab supplies. Al Zahrawi Group was founded in 1989 and since then significantly expanded its operations across the region.
ReAya is a Jeddah-based investment firm targeting, in particular, companies operating in the healthcare and life science industry across the MENA region and Turkey.
The TLA team was led by the firm's managing partner, Rindala Beydoun, and partner Carlo Pianese, who were assisted by associates Jihad Harfouche and Celine Bsaibes.