King & Spalding and Freshfields Bruckhaus Deringer provided M&A and financing advice to Gulf Capital on a 100 percent acquisition of Multibrands Trading, a food and beverage distributor in Saudi Arabia, which was represented by Hogan Lovells.

The acquisition is the latest carried out in the food and beverage sector by Gulf Capital, an alternative investment firm in the Middle East.  

The King & Spalding team on the matter included partner Nabil Issa. Issa also oversaw the related F&B fund formed pursuant to the acquisition, along with partner James Stull.