Matouk Bassiouny & Hennawy | View firm profile
Cairo, Egypt | 15 September 2025
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Ferchem Egypt Fertilizers and Chemicals (“Ferchem”) in connection with the successful merger of Aswan Fertilizers and Chemical Industries and Abu Zaabal Fertilizers and Chemicals, within Ferchem, boosting the company’s issued capital to EGP 800 million.
This milestone marked Ferchem’s transition as the first company to move from the Small and Medium Enterprises (SME) Exchange to the main market of the Egyptian Exchange, in accordance with Article 44 bis (1) of the Listing Rule, at an opening price of EGP 45.61 per share, reflecting a total market value of EGP 18.24 billion.
The MBH team advising on the transaction was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets) and included Mohamed Galal (Counsel), Mohamed Qabel (Senior Associate) and Mohamed Hany (Associate).
For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.