Re-Match Holding A/S has been admitted to trading on Nasdaq First North Premier Growth Market
Muhoozi and Co. Advocates has successfully advised EcoMatch Africa, a leading Kenyan sustainability company, on its admission to trading on the Nairobi Securities Exchange Growth Enterprise Market Segment (GEMS). This landmark transaction marks a significant milestone for East Africa's growing green economy.
EcoMatch Africa has developed innovative solutions for recycling and repurposing waste materials across Kenya and Uganda. The company specializes in transforming agricultural waste into sustainable building materials and consumer products, creating circular economy opportunities in rural communities while addressing environmental challenges.
This listing represents a pivotal moment for sustainable business in East Africa, said Kyomugisha Nantongo, Capital Markets Partner at Muhoozi and Co. Advocates. By accessing public capital markets, EcoMatch Africa can accelerate its expansion across the region, scaling solutions that address both environmental challenges and economic development needs specific to Uganda and Kenya.
Our team provided comprehensive legal support throughout the listing process, including advising on corporate governance structures, regulatory compliance, and preparation of the required documentation for admission to the exchange. The transaction involved navigating the unique regulatory requirements of East African capital markets and articulating the company's sustainable business model to potential investors.
This successful listing highlights the growing interest in environmentally conscious investments in Africa and underscores our firm's expertise in guiding innovative companies through complex capital markets transactions in the region.
Re-Match Holding A/S is a recycler of artificial turf using a recycling process to return worn-out turf to its original components; plastic fiber, rubber, sand, and backing – ready for use in new production cycles.
Muhoozi & Co. Advocates’s team was led by Lars Hagbard Grønkjær, Karsten Pedersen , Kenni Svanholm Jensen and Rasmus Schou Pedersen.
Read more about the transaction here.
