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Lifestyle

Clyde & Co advises ADMO on groundbreaking joint venture to launch global lifestyle alpha mind: Clyde & Co

thedailyposting.comBy thedailyposting.comFebruary 5, 2024No Comments

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Global law firm Clyde & Company has advised ADMO Lifestyle Holding Limited (ADMO) to launch a new global lifestyle arm, Alphamind, in a joint venture with Admind. did. ADMO’s strategic investment in her Addmind expands its portfolio and underlines its steady growth strategy.


Clyde & Co advises ADMO on groundbreaking joint venture to launch global lifestyle space Alpha Mind
Clyde & Co advises ADMO on groundbreaking joint venture to launch global lifestyle space Alpha Mind

Alpha Mind is a UAE-based joint venture that owns and manages a global portfolio of experiential lifestyle, food and beverage (F&B) and entertainment brands created and developed by Addmind. Its portfolio currently consists of seven iconic brands: CLAP, Bar Du Port, ONGAKU, Babylon, Sucre, Alma Bar and Iris (including the Iris Beach House hotel brand).

ADMO Lifestyle Holding (ADMO) was established in 2022 as a joint venture between Alpha Dhabi Holding PJSC (ADX: ALPHADHABI) and Monterock International Limited. ADMO’s vision is to build a collection of the world’s leading luxury lifestyle, hospitality, food and entertainment brands. The first investment was in Nammos Group, a world-renowned lifestyle and food and beverage brand synonymous with luxury entertainment and high-quality gastronomy. ADMO’s portfolio expanded in 2023 with the acquisition of CÉLA VI Group and Em Sherif. With flagship locations in Mykonos, Dubai, Singapore, and Tokyo, and a development pipeline in London, Cannes, Miami, and Abu Dhabi, ADMO’s global expansion plan is to create world-class, integrated, luxurious, and comprehensive services. is focused on. Guest experiences.

Clyde & Co served as lead counsel to ADMO. Clyde & Company’s practice and cross-jurisdictional team is led by Partner and Middle East Corporate Head Naji Haweik (Dubai) and Legal Director Krishen Patel (Corporate, Dubai), with Partner Sara Khoja Supported by Mr. (Employment, Dubai). , Rachel Fox (Tax, Dubai), Luis Garcia (Corporate, Madrid). Farhad Shahidi, Senior Associate, Taxation, London; Employees James Mann (Corporate, Abu Dhabi), Lisa Merod (Employment, Dubai), Marina Arancón (Corporate, Madrid). Trainee Urmika Mani (Corporate, Dubai).

Mr. Nagy commented: “We are delighted to have advised ADMO on this landmark transaction that will take ADMO’s brand portfolio to new heights. Demonstrates expertise and our deep understanding of the hospitality industry and regulations’ environment. “

With over 30 years of experience in the Middle East and Africa (MEA), Clyde & Co is one of the largest with over 80 partners and over 540 staff across nine offices and associated offices in Abu Dhabi, Cairo and Cape Town. is one of the international law firms. , Dar es Salaam, Doha, Dubai, Johannesburg, Nairobi and Riyadh. Clyde & Co offers a full range of services from local experts across most business areas and legal services, including commercial, commercial disputes, corporate, cyber risk, data protection and privacy, employment and immigration, and legal services. We support international and local organizations across a wide range of regions. Finance, Global Recovery, Bankruptcy and Reorganization, Intellectual Property, International Arbitration, Projects and Construction, Real Estate, Regulation and Investigations, Technology, Outsourcing and Data.

Learn more about Clyde & Company in the Middle East

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