Dentons is pleased to have advised a consortium comprising the Arab Petroleum Investments Corporation (TAEF) and Zamil Group Investments Company on its strategic acquisition of a 60% stake in Metito Utilities Limited. Metito is a globally recognised provider of water and wastewater management solutions, with operations spanning the MENA region, Africa, Eastern Europe and China.

This acquisition marks a significant milestone in the consortium’s strategic expansion into the water and wastewater management sector, reflecting its commitment to sustainable development and infrastructure enhancement across key regions.

Corporate partner Ziad Saad, based in Dentons’ Riyadh office, commented: “We are proud to have supported TAEF and Zamil Group Investments Company in this landmark acquisition. This transaction underscores Dentons’ capability to deliver comprehensive legal solutions in complex, cross-border deals.”

The Dentons team was led by partner Ziad Saad, with assistance from senior associate Mohamad Al Rifai, consultants Dima Chehade, Sadia Farooq, associate Yara Alsaygh, and trainees Abdulaziz Almoussa and Tala Al-Fraihy. Supporting the transaction on the banking and finance front are partner Udayan Mukherjee and senior associate Tony Nicholson. The project’s front was supported by partner Kanishka Singh and associate Nisha Gupta.