Cairo – 27 January 2026 – Zilla Capital, a leading investment bank in the MENA region, is pleased to announce the successful completion of its role as the sole financial advisor to the existing shareholders of Parkville Pharmaceuticals (“Parkville” or the “Company”) in connection with the sale of a majority stake of the Company to Adenia Partners.
Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals from Admaius Capital Partners (“Admaius”), a prominent Africa-focused private equity firm, alongside Dr. Sherif Bassiouny, Chairman of Parkville, and Dr. Mahmoud Farrag, CEO of Parkville. Parkville is a leading Egyptian healthcare and pharmaceutical company active in the pharmaceutical, cosmeceutical, and nutraceutical sectors. The transaction is subject to customary closing conditions and regulatory approvals.
Founded in 2008 and headquartered in Cairo, Parkville specializes in the development, manufacturing, and distribution of innovative products across a broad portfolio including skincare, haircare, deodorants, wellness, and therapeutic pharmaceutical lines. With a strong focus on research, quality, and community wellbeing, Parkville has grown rapidly to become a leading local champion in Egypt’s fast-growing cosmeceutical industry, outperforming many prominent local and international brands.
By partnering with the company’s founders and management, Adenia will support Parkville’s next phase of growth, focusing on product portfolio enhancement, digital and e-commerce acceleration, and expansion into regional markets. This marks Adenia’s first investment in Egypt and aligns with its strategy to build high-performing, sustainable businesses across Africa.
“In this context, Moustafa El-Shenety, Managing Partner of Zilla Capital and Head of Investment Banking, commented: “We are pleased to have advised Parkville’s shareholders on its second strategic transaction which reflects our deep and long-standing partnership with the Company and its shareholders. We are proud to have supported Parkville’s growth story with Admaius and now with Adenia as it enters its next phase of expansion”. El-Shenety concludes, “Egypt’s healthcare and cosmeceutical sectors are experiencing strong structural growth, and local champions like Parkville are increasingly setting benchmarks versus international players.”
Zilla Capital Team advising Parkville Pharmaceuticals existing shareholders was led by Moustafa El-Shenety (Managing Partner), alongside Zilla Capital investment banking team including Omar Zakaria (Managing Director), Mariam Sherif (Director), and Ahmed Maharem (Assistant Vice President).
Matouk Bassiouny served as the legal counsel for Parkville Pharmaceuticals existing shareholders while Baker McKenzie acted as Adenia Partners legal advisor.
About Zilla Capital
Zilla Capital is a leading Investment Bank in MENA, leveraging its Executive Partners’ extensive experience and network in the region to help our clients achieve their strategic goals through offering comprehensive and integrated financial solutions that cater to their specialized needs. Zilla Capital is a one-stop-shop offering an array of services including financial advisory, asset management, private equity, and non-banking financing solutions.
About Adenia Partners
Adenia Partners is a private markets investment firm which has raised over $1 billion across five funds and co-investments and is committed to responsible investing and a sustainable Africa. Founded in 2002, Adenia has a proven track record with over 35 platform investments executed and 21 realized exits. Based on-the-ground across Africa, Adenia has one of the most highly qualified African private markets investment teams in terms of educational pedigree, longstanding experience as entrepreneurs and investors, and local in-depth knowledge. By creating stronger companies with quality jobs, fostering economic improvement, and elevating companies to meet ESG standards, Adenia is increasing the enterprise value for investors, whilst benefiting workers, communities, and companies in Africa.
About Admaius Capital Partners
Admaius is a pan-African private equity firm managing over $280 million through its Virunga Africa Fund 1. Headquartered in Kigali with offices in Cairo, Nairobi, Johannesburg, Tunis, Casablanca, and London, Admaius is led by an experienced team of African professionals, including former leaders from some of the continent’s most established investment firms such as Carlyle, Actis, and Standard Chartered.
The firm focuses on sectors that are foundational to Africa’s long-term growth and resilience, namely healthcare, financial services, education, FMCG, and digital infrastructure—where it seeks to drive both strong financial returns and measurable development impact. Admaius’ objective is to partner with best-in-class local operators to scale high-potential businesses and support transformative, inclusive growth across the continent.
About Parville
Founded in 2008 by industry veterans Dr. Sherif Bassiouny and Dr. Mahmoud Farrag, Parkville has grown into one of the largest and fastest-growing cosmeceutical companies in Egypt.
The company targets a broad base of consumers through a large and evolving high-quality product portfolio. Parkville specializes in developing premium prescription-based skincare, haircare, food supplements, and muscle relaxants under several notable brands including StarVille, StrongVille, Bobai, Glamy Lab, Shaan, Seropipe, and Sulfax. Parkville operates a state-of-the-art production facility in Alexandria and currently exports to several markets across the region
Zilla Capital Press Contacts:
Mariam Sherif
Director
[email protected]
Yassmin Khafagy
Marketing Manager
[email protected]
