Mohammed Alammar

Mohammed has more than 25 years of experience advising clients on the legal landscape of the Kingdom of Saudi Arabia and the United Arab Emirates, with a primary focus on cross-border acquisitions, private equity, venture capital, investment funds, and joint ventures. He also advises on foreign investment, health care, restructurings, projects and construction, PPP, real estate, funds, and finance matters in Saudi Arabia.

Experience

Representative matters

Advised Nazer Group on its US$134 million sale of an equity stake in Bupa Arabia (public insurance company in Saudi Arabia) in a private off-market transaction.

Advised Saudi Aramco Entrepreneurship Ventures (Wa’ed) on the structuring and acquisition of an early-stage start-up business in Saudi Arabia.

Advised Alkhabeer Capital on its investment in Sindbad.Tech, an AI-powered robo-advisory firm in Saudi Arabia.

Corporate/M&A

Advised Nazer Group on its US$134 million sale of an equity stake in Bupa Arabia (public insurance company in Saudi Arabia) in a private off-market transaction.

Advised Saudi Aramco Entrepreneurship Ventures (Wa’ed) on the structuring and acquisition of an early-stage start-up business in Saudi Arabia.

Advised Alkhabeer Capital on its investment in Sindbad.Tech, an AI-powered robo-advisory firm in Saudi Arabia.

Advised Seder Group on the sale of a stake in Forus Real Estate Investment and Development Company (the owner and operator of the renowned hospitality brand Vivienda) to Alpha Private Opportunities Fund, a Shariah-compliant private equity fund.

Advised on the sale of Emad Bakeries (the largest flatbread industrial bakery in the Western region of Saudi Arabia) to Gulf International Investment.

Advised a high-net-worth investor on its SAR 200 million sale of an equity stake in one of the largest chains of residential compounds in Saudi Arabia.

Advised a high-net-worth investor on the sale of UAE-based food and beverage platform Cravia Group (franchisee for brands Zaatar w Zeit, Cinnabon, Seattle’s Best Coffee, and Five Guys) to Fajr Capital.

Advised Coolinc, a luxury and lifestyle hospitality holding company, on franchise/licensing agreements with international F&B and private members club operators and on a SAR 80 million fundraising (equity subscription).

Advised Diaverum Group on the structuring and successful bid for the privatisation of dialysis centres in Saudi Arabia.

Advised Kairos LLC on its joint venture in Saudi Arabia to set up the region’s first hybrid, delivery-focused cloud kitchen and storefront operator.

Advised Riyadh Taqni Fund (Riyadh Capital’s venture capital fund) on its acquisition of a minority stake in SURE Technology, a leading Saudi technology and information security provider.

Advised Gulf Investment Corporation on its acquisition of a minority stake in Sudair Pharmaceutical Company in Saudi Arabia for the development of the Sudair Specialized Pharmaceutical Complex.

Advised Al Noor Hospitals Group plc on the acquisition of various medical clinics in Dubai, Al Ain, and Abu Dhabi.

Advised Gulf Capital on its acquisition of 100% of the share capital of Multibrands from Sadita Holding through a fund regulated by Saudi Arabia’s Capital Market Authority (CMA).

Advised Investcorp on its acquisition of a stake in Bindawood Group, which owns one of the largest chains of grocery stores and related businesses in Saudi Arabia.

Advised NBK Capital on its acquisition of a minority stake in Sanabel Al Salam, a leading Arabic sweets and confectionery producer and retailer in Saudi Arabia.

Real Estate

Advised Al Rajhi REIT Fund on the SAR 93 million real estate acquisition of a shopping mall in Saudi Arabia.

Advised a Saudi-based family office on the SAR 350 million acquisition of income-generating properties in Riyadh leased to the Government of Saudi Arabia.

Advised a real estate development company (PIF subsidiary) on its corporate restructuring as a master developer and on strata laws in Saudi Arabia.

Advised Jadwa Investment as part of a consortium regarding a successful bid for, and acquisition of, a stake in the Saudi Aramco Lubricating Oil Refinery Company (Luberef) in Saudi Arabia and documentation of a Shariah-compliant CMA fund.

Advised Al Rajhi Capital and Arcapita Bank on the formation of a Saudi Arabian property income fund and the acquisition and sale-leaseback of properties (including warehouses) in Saudi Arabia for the fund.

Regulatory and Projects

Advised Masdar and EDF on the 400 MW Dumat Al Jandal wind IPP in Saudi Arabia.

Advised on the corporate and construction aspects of NEOM projects.

Advised Arch Capital, Arcapita, and others on establishing regulated entities licensed by the CMA.

Advised Saudi Power Purchase Company (a quasi-governmental company) on Saudi privatisation regulations and the sale of shares in the company from the Saudi Electricity Company to the Government of Saudi Arabia.

Advised a Jeddah-based family office on its bid for the Saudi Ministry of Health pilot PPP in respect of the privatisation of radiology departments in Saudi Arabia.

Advised a private healthcare clinic on its successful bid to design, build, and operate a health care centre in the historic AlUla area of Saudi Arabia.

Advised Bupa Clinics on commercial and corporate matters, including corporate restructuring, health care operation agreements, and a PPP project.

Advised a major pharmaceutical company in connection with FCPA investigations by the U.S. DOJ and SEC in relation to a Saudi Arabian company.

Advised Johns Hopkins Aramco Healthcare on a wide range of corporate, structuring, and regulatory issues in relation to health care laws and regulations in Saudi Arabia.