Whitfield Advises Rakiza and Iv3 on Acquisition of Omans Leading Industrial Water Utilities Platform
Whitfield & Crane is advising Rakiza Fund I, co-managed by Oman Infrastructure Investment Management (Rakiza) and Equitix, together with Iv3 Aqua Holding A/S, on the signing of definitive agreements to acquire Majis Industrial Services SAOC from OQ, Oman’s global energy investment group. Majis is Oman's leading integrated industrial water utilities platform, serving the Sohar Industrial Port Complex under a long-term concession framework. The company provides cooling seawater, process water, potable water and wastewater treatment services to a diverse industrial customer base.
The Whitfield team included corporate lawyers Osama Lone, Noura Abdulrahman and Mohammed Aboabat; and debt finance lawyer Mohsin Iqbal.
