Sayat Zholshy & Partners




With offices in Almaty and Astana, Sayat Zholshy & Partners has been serving its clients for over two decadesThe firm has partnered with the IFC over the last three years on developing a corporate governance programme for Kazakhstan. Senior partner Arman Berdalin leads the firm’s Astana office and he is experienced in corporate governance and M&A. 

Client feedback 

The firm provides detailed answers and a flexible approach. It is highly qualified and well-mannered.” – Corporate and M&A 

The highly professional team is very client oriented and always ready to assist at any time you need. The paper work is provided in both the local and foreign languages, which is important for international clients.” – Tax  

Olzhas Daniyarov 

Skilled at corporate and M&A. Excellent negotiation skills with clients. Also understands the jurisdiction.” 

Elena Tyreikina 

Tyreikina is highly professional and very approachable. She offers support in a manner you need.” 

General business law

Work highlights 

Advised an international IT company operating mainly in the CIS countries on its acquisition of a software developer. 

Advised an international industrial holding based in Vienna, Austria, on its acquisition of substantial shareholdings in two Kazakhstan refractory material manufacturers. 

Acted for PPG Industriesan American Fortune 500 company and global supplier of paints, coatings, and specialty materials, on its merger control clearance of transactions with respect to its acquisition of Tikkurila. 

Key clients 

Area PlusBeeline KazakhstanKMG Engineering