Friday, March 06, 2020

Leading African law firm, Bowmans, has dominated the DealMakers AFRICA Awards for East Africa for the second year running. This follows the firm’s solid showing at the DealMakers Awards for South Africa last month.

Chairman and senior partner Robert Legh says, ‘We are delighted with these results. But, what’s more important to us, is that they show that our clients across the continent turn to us for help with their most complex legal challenges’.

Bowmans won three of the four awards that it was eligible for at the DealMakers AFRICA Awards, being named top legal adviser for both deal flow and deal value in the M&A Category for East Africa, and advising the Commercial Bank of Africa (CBA) on the matter named East Africa Deal of the Year - the NIC/CBA merger.

This merger resulted in the third largest banking group in East Africa by assets, valued at USD 4.2 billion, and the bank with the largest customer base in Africa with combined operations in Kenya, Ivory Coast, Rwanda, Tanzania and Uganda.

The firm also advised on two of the three top matters in the South African DealMakers Awards, acting as South African legal counsel to PepsiCo on its acquisition of Pioneer Foods, which was named Deal of the Year, and advising Isanti Glass on its proposed ZAR 1.5 billion acquisition of Nampak Glass, which was named Dealmakers BEE Deal of the Year.

Legh says that working on matters such as these has contributed to Bowmans’ excellent ratings in various international legal research publications, most recently in the Chambers Global rankings released last month.

Bowmans achieved the most Chambers Global rankings compared with local competitors in two of the jurisdictions in which it operates: Kenya and South Africa. This is in addition to the Tier 1 rankings for General Business Law it achieved in both Tanzania and Uganda.

Legh concludes, ‘None of this would be possible without our clients’ belief in Africa and faith in us, for which we are extremely grateful. We’re also very proud of the work that we’re doing, generating prosperity and delivering value on the continent, particularly in the current economic climate.’