Baker McKenzie Cairo Advised Adenia Partners On Majority Acquisition Of Parkville Holding B.V., Egypt

Baker McKenzie Cairo advised Adenia Partners on majority acquisition of Parkville Holding B.V., Egypt

Baker McKenzie Cairo advised Adenia Partners Ltd., a leading pan-African private equity firm, on its agreement to acquire a majority stake in Parkville Holding B.V., one of Egypt’s top cosmeceutical companies. The stake is being purchased from Admaius Capital Partners and the founders. The transaction remains subject to regulatory approvals and customary closing conditions.

The acquisition marks Adenia’s first investment in Egypt, underscoring its confidence in the strong growth potential of the country’s pharmaceutical and cosmeceutical sector. The deal represents a significant milestone for Adenia Partners as it continues to expand its investment footprint across Africa.

Commenting on the transaction, Hani Nassef, Partner and Head of M&A at Baker McKenzie Cairo, stated that the investment reflects the increasing sophistication of Egypt’s healthcare sector and highlights the firm’s deep expertise in cross-border transactions.

The Baker McKenzie Cairo team was led by Hani Nassef (Partner), with support from Bassem Abdelrahman (Associate) and Ingy Elkady (Associate). The wider team included Zeinab Shohdy (Associate), Omar Zaki (Associate), Chirouette Elmasry (Associate), Hayna Abdelrahim (Associate) and Hala Mohamed (Associate).

Specialist antitrust advice was provided by Lerisha Naidu (Partner) and Angelo Tzarevski (Associate) from Johannesburg, along with Mohamed Elfar (Associate) and Mohamed Elbaroudy (Associate). Dutch law aspects of the transaction were handled by Koen Bos (Partner) from Amsterdam.

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