Water and Shark Legal has served as legal and strategic advisor to the NISCO Group of Companies on a transformative global restructuring and multi-generational succession planning initiative.

The Firm provided comprehensive legal and strategic advisory, overseeing the establishment of a robust family office and family foundation framework to consolidate family wealth and support long-term succession objectives.

The transaction team was led by Harsh Patel (Managing Partner), with support from Shehbaazali Fazalbhoy (Associate Partner) and Mr. Adnan Khan (Tax Manager).

NISCO Group of Companies is a leading Zambian multinational conglomerate with diverse operations in agriculture, general trading, oil and gas, and logistics.

This transaction signifies a transformative step in NISCO’s business journey, anchoring the family’s legacy for future generations while preserving the leadership of the founding family members at the helm. The restructuring streamlined the group’s asset management and governance framework, enabling seamless integration of third-generation family members into key governance roles while maintaining the leadership of the founding family.

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