November 20, 2020
Latham & Watkins advised on the financing in connection with Kingsway Capital’s take private of Al Eqbal Investment Company (EICO), owner of Al Fakher, including the refinancing of EICO’s existing indebtedness. Al Fakher was founded in 1999 and has grown to become an internationally recognized premium brand with products sold around the world.
The transaction values EICO at more than US$1.4 billion including debt.
The Latham team was led by London partners Jennifer Engelhardt and Charles Armstrong, with associates Patrick Kwak, John Hutton, Siobhan Kennedy, and Chen Yang Sia.