Dentons advises on Asyad Group’s strategic acquisition of a stake in Uzbekistan logistics platforms

Tashkent-Global law firm Dentons has advised on Asyad Group's strategic acquisition of a stake in Universal Logistics Services (ULS) and Highway Logistics Center (HLC), leading logistics platforms in Uzbekistan, as part of its strategy to expand its global footprint and strengthen international trade corridors.

The transaction marks a significant step in enhancing multimodal logistics capabilities in Central Asia. It supports Asyad Group's vision of building an integrated logistics network connecting key trade routes between the Middle East and Central Asia, while reinforcing Uzbekistan's position as a rapidly emerging regional logistics and distribution hub.

By investing in Uzbekistan's logistics infrastructure, Asyad Group aims to further develop efficient cross-border supply chains, improve connectivity, and facilitate trade flows across the region. The transaction also aligns with broader efforts to deepen economic ties and transport linkages between Oman and Central Asia.

Dentons acted as legal advisor on the transaction, providing comprehensive support across all aspects of the cross-border deal, including both Uzbek and English law advice related to the preparation and negotiation of the transaction documents and due diligence. Tashkent-based partners Ulugbek Abdullaev and Fayzulla Khusankhodjaev and Frankfurt-based counsel Mikhail Panferov led the deal, supported by senior associates Mokhichekhra Abdullaeva and Latofat Rakhmanova, as well as, associate Mekhriniso Djumanazarova.

Ulugbek Abdullaev, Partner at Dentons, commented: "We are pleased to have supported Asyad Group on this strategic acquisition, which highlights the growing importance of Uzbekistan in regional and international supply chains. This transaction represents a meaningful step forward in advancing trade corridors, strengthening connectivity, and fostering closer economic cooperation between Central Asia and the Middle East and reinforces Dentons' leading role in strategic M&A deals in Uzbekistan."

Asyad Group is a global integrated logistics group headquartered in Oman, with consolidated assets of approximately US$5 billion and annual revenues exceeding US$1 billion.

Orient Group is a diversified Uzbekistan-based holding company with projects spanning logistics, residential and commercial real estate development, industrial production, and retail.

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