Hadi Mashal & Associates Attorneys and Legal Consultants

Hadi Mashal & Associates Advises Etihad Al Khamsa For Investment and Development (Unifive) on Investment and Acquisition in Jericho Cement Industry Company. A joint venture with Sanad & PIF subsidiary Aswaq.

The Firm represented the Jordanian company Etihad Al Khamsa For Investment and Development (Unifive) on investment, Acquisition and joint venture with the Palestinian company Sanad Construction Resources Co. (Sanad) and the Palestine Investment Fund (PIF), through its subsidiary Aswaq for Investment Portfolios Ltd (Aswaq), in Jericho Cement Industry Company.

The acquisition transaction creates a joint venture company, and includes a shareholders agreement and a share purchase agreement through which Sanad transferred 50 percent of its shares to Unifive, and ten percent of its shares to Aswaq.

In order to achieve the joint venture’s main objective to establish and operate the first advanced technology cement grinding mill in Palestine, Hadi Mashal & Associates also advised Unifive and the joint venture company on negotiating and concluding a supply agreement with Danish company FLSmidth A/S.

The Hadi Mashal & Associates team which advised on the transaction was led by the managing partner Hadi R. Mashal.

Press releases:

White & Case Advises Sanad on Investment and Joint Venture with Aswaq and Unifive | White & Case LLP

https://www.alhadath.ps/article/137673/%D8%B3%D9%86%D8%AF-%D8%AA%D9%88%D9%82%D8%B9-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D9%85%D8%B9-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9-%D8%B9%D9%8A%D8%B3%D9%89-%D8%AE%D9%88%D8%B1%D9%8A-%D9%84%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%B7%D8%AD%D9%86%D8%A9-%D8%A7%D9%84%D8%A5%D8%B3%D9%85%D9%86%D8%AA