TLA advises AlMansoori on sale of Thai assetMarch 18, 2013
Dubai, 18 March 2013. The law firm of Tribonian Law Advisors (TLA) announces that it represented AlMansoori Specialized Engineering ("AlMansoori"), a UAE based group and a leading provider of oilfield services in the Middle East, North Africa, the Far East and South East Asia, in a transaction involving the sale by AlMansoori of all of its shareholding interests in two of its subsidiaries in the Kingdom of Thailand. The transaction resulted in the sale by AlMansoori of AlMansoori Wireline Services (Thailand) Ltd. and AlMansoori Drilling Workover Services Limited to Vautron Holdings, a portfolio company owned by SCF Partners and Viburnum Funds.
The TLA team was led by the firm's Managing Partner, Rindala Beydoun, and Partner, Carlo Pianese, who were assisted by associate, Jihad Harfouche. AlMansoori was also advised on the transaction by the investment bank, Simmons & Company International.
TLA is a corporate law firm with a prime focus on joint ventures, mergers & acquisitions and private equity. It has offices in Dubai (in association with Rindala Beydoun Legal Consultancy), Riyadh (in association with Mothanna El-Gasseer Law Firm) and Beirut and is managed by Rindala Beydoun, a former partner of the US-based law firms of Vinson & Elkins and Latham & Watkins. Ms. Beydoun has been practicing in the region for more than 12 years and has worked on numerous deals in various sectors and countries.
For additional information, please contact:
Ms. Rindala Beydoun
Tribonian Law Advisors
T: + 971 4 319 9977