Baker McKenzie Cairo has advised Adenia Partners Ltd. (Adenia), a leading pan‑African private equity firm, on its agreement to acquire a majority stake in Parkville Holding B.V. (Parkville), one of Egypt’s top cosmeceutical companies. The stake is being purchase from Admaius Capital Partners and the founders. The deal is subject to regulatory approvals and customary closing conditions.
The transaction marks Adenia’s first investment in Egypt, signalling its confidence in the strong growth potential of the local pharmaceutical and cosmeceutical sector.
Hani Nassef, Partner and Head of M&A at Baker McKenzie Cairo, commented:
“We are delighted to support Adenia on this milestone investment, which showcases the continued strength and increasing sophistication of the pharma sector in Egypt. Our team’s deep sector knowledge and cross border expertise were essential in delivering a smooth and successful transaction.”
The core Baker McKenzie team was led by Hani Nassef, supported by Bassem Abdelrahman and Ingy Elkady. They were joined by Zeinab Shohdy, Omar Zaki, Chirouette Elmasry, Hayna Abdelrahim and Hala Mohamed.
Specialist antitrust advice was provided by Lerisha Naidu (Johannesburg), Angelo Tzarevski (Johannesburg), Mohamed Elfar and Mohamed Elbaroudy. Koen Bos (Amsterdam) advised on Dutch law aspects.
The transaction marks Adenia’s first investment in Egypt, signalling its confidence in the strong growth potential of the local pharmaceutical and cosmeceutical sector.
Hani Nassef, Partner and Head of M&A at Baker McKenzie Cairo, commented:
“We are delighted to support Adenia on this milestone investment, which showcases the continued strength and increasing sophistication of the pharma sector in Egypt. Our team’s deep sector knowledge and cross border expertise were essential in delivering a smooth and successful transaction.”
The core Baker McKenzie team was led by Hani Nassef, supported by Bassem Abdelrahman and Ingy Elkady. They were joined by Zeinab Shohdy, Omar Zaki, Chirouette Elmasry, Hayna Abdelrahim and Hala Mohamed.
Specialist antitrust advice was provided by Lerisha Naidu (Johannesburg), Angelo Tzarevski (Johannesburg), Mohamed Elfar and Mohamed Elbaroudy. Koen Bos (Amsterdam) advised on Dutch law aspects.
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