Petrovic Legal has advised SPS ME on its acquisition of Gulf International Pipe Industry from the Gulf Investment Corporation, the Arkan Group, Posco Holdings, the Oman Investment Corporation, and Capitoline Holding Limited.
SPS ME is a Middle Eastern trader of carbon steel, stainless steel, and special steel pipes.
Gulf International Pipe Industry is the first manufacturer of high-pressure steel line pipes and casing pipes in Oman.
The Petrovic Legal team was led by Partner Stefan Petrovic.
Petrovic Legal could not disclose additional information on the matter.