Business

International law firm Addleshaw Goddard has advised the shareholders of Transcorp International — Mr. Rodrigue Nacouzi and CE Ventures Limited (a subsidiary of Crescent Enterprises) — on the sale of their shareholding interests in Transcorp to Elite Co., a logistics platform owned by Green Dome Investments.

The transaction, expected to be completed in the coming weeks, marks a major step in regional logistics consolidation. Following the acquisition, Elite Co. and Transcorp will jointly manage a combined fleet of over 1,500 vehicles and 27 warehouses, serving more than 800 clients across the UAE, Saudi Arabia, and Qatar.

Transcorp International, a UAE-based cold-chain logistics specialist, operates in over 50 major cities across the Gulf region, providing temperature-controlled logistics solutions to clients in diverse sectors including food, retail, and pharmaceuticals.

Lowri Llwyd, Partner and Head of Corporate UAE at Addleshaw Goddard, said:

“We are delighted to have been part of this landmark deal for Transcorp and its shareholders. The deal reflects the strong investment appetite and growing momentum within the region’s logistics sector. We expect to see more large-scale transactions emerging across the GCC in the near future.”

The Addleshaw Goddard team advising on the deal included James Whittam, Counsel – Corporate Finance and lead associate for the transaction, and Pavel Kocian, Managing Associate – Corporate Finance.

Addleshaw Goddard continues to build a reputation as a trusted advisor on high-profile, cross-border transactions across key regional sectors, with a growing track record in logistics, transport, and infrastructure deals.

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