Kaya Limited, an Indian multinational skincare, haircare, and bodycare treatment provider, has divested its Middle East businesses to Humania GCC Holding Limited.
The sale of its Middle East businesses - Kaya Middle East DMCC and Kaya Middle East FZE - to Humania GCC Holding Limited, an investment platform dedicated to healthcare opportunities in the Middle East and emerging markets, is set to bring new growth opportunities for the entities in the region.
Stephenson Harwood advised Kaya Limited on all aspects of the transaction including the drafting and negotiation of the transaction documents.
The transaction team was led by Diwakar Agarwal (Partner), who was supported by Philippa English (Managing Associate), Hajer El Moumni (Associate) and Jeevni Sharma (Paralegal).
Founded in 2003, Kaya is a publicly listed company with extensive operations in India and is the largest international chain of skincare clinics in the Middle East with a presence across the United Arab Emirates, Kingdom of Saudi Arabia, and the Sultanate of Oman, spread across nine cities throughout the region.
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