07 Nov 2025

Addleshaw Goddard Advises Transcorp Shareholders on Sale to Elite Co

"Addleshaw Goddard advised Transcorp International shareholders Rodrigue Nacouzi and Ventures Limited (a Crescent Enterprises subsidiary) on the sale of their interests in Transcorp to UAE-headquartered cold logistics platform Elite Co, a company owned by Green Dome Investments."

Addleshaw Goddard advised the shareholders of Transcorp International, Rodrigue Nacouzi and Ventures Limited (a subsidiary of Crescent Enterprises), in connection with the sale of their interests in Transcorp to logistics platform Elite Co, a company owned by Green Dome Investments. The transaction involved the acquisition by Elite Co, a UAE-headquartered cold logistics firm, of the interests in Transcorp held by the selling shareholders. Elite Co operates across more than 50 key cities in the UAE, Saudi Arabia and Qatar. The deal reflects increased investment momentum in the regional logistics sector and is expected to spur further large-scale transactions in the wider GCC. Addleshaw Goddard represented the shareholders of Transcorp International, Rodrigue Nacouzi and Ventures Limited, with a team composed by: James Whittam (counsel, lead associate on the deal, corporate finance), Pavel Kocian (managing associate, corporate finance) and Lowri Llwyd (partner, head of Corporate UAE).
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