Al Wathba Stud Acquires Haras de Fresnay-le-Buffard in Normandy
Deal News | Jan 07, 2025 | Addleshaw Goddard
In a notable transaction, Addleshaw Goddard's Paris office has advised Al Wathba Stud in acquiring the historic Haras de Fresnay-le-Buffard in Normandy for 26 million euros. Al Wathba Stud, owned by His Highness Sheikh Mansour bin Zayed Al Nahyan from the UAE, gains a prestigious thoroughbred breeding property renowned for producing champion horses, including Prix de l'Arc de Triomphe and Breeders Cup winners. The 325-hectare estate offers extensive facilities for equine management. Legal advisors included a multidisciplinary team from Addleshaw Goddard and notary firm Bloche Darras Pottier for Al Wathba Stud, with multiple legal firms representing the seller.
Sectors
- Equine Industry
- Legal Advisory Services
Geography
- France – The location of the stud farm Haras de Fresnay-le-Buffard, based in Normandy.
- United Arab Emirates – Home to Al Wathba Stud, the acquiring entity in the transaction.
Industry
- Equine Industry – The acquisition involves a prestigious stud farm known for breeding thoroughbreds.
- Legal Advisory Services – The transaction required extensive legal advice, evidenced by the involvement of multiple law firms and notaries.
Financials
- 26 million – The purchase price for Haras de Fresnay-le-Buffard.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Al Wathba Stud | Buyer | Company | Based in Abu Dhabi, owned by His Highness Sheikh Mansour bin Zayed Al Nahyan. |
| Addleshaw Goddard | Legal Advisor | Company | Provided legal advice to Al Wathba Stud for the acquisition. |
| Bloche Darras Pottier | Notary | Company | Assisted the buyer in the transaction. |
| De Gaulle Fleurance | Legal Advisor | Company | Advised the seller in the transaction. |
| Dalverny | Legal Advisor | Company | Part of the legal team advising the seller. |
| FTPA Avocats | Legal Advisor | Company | Part of the legal team advising the seller. |
| D&Associs | Notary | Company | Assisted the seller in the transaction. |
| Haras de Fresnay-le-Buffard | Target | Company | A historic stud farm in Normandy known for breeding thoroughbreds. |