Opontia successfully secured its first of many M&A deals in the e-commerce sector by purchasing 100% of the shares in Novimed, an e-commerce medical company in Dubai.
Opontia is a fast growing e-commerce company which acquires and scales high-performing e-commerce businesses across The Middle East, Eastern Europe, Turkey & Africa. Opontia has just closed a seed financing round of $20 m, one of the largest in the region.
Strohal Legal has advised Opontia throughout the whole transaction. The transaction team consisted of our M&A experts Jakob Kisser (Managing Partner, UAE) and Dr. Paul Nimmerfall (Senior Legal Counsel, UAE).
Strohal Legal Group is an international law firm operating in the UAE, Singapore, Thailand, and Myanmar. We advise on all aspects of business law, M&A, and renewable energy projects.