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HC Securities and Investment to make USD 25 mn direct acquisition in 1H2020
M&A WATCH- HC Securities and Investment will acquire an undisclosed stake in an unnamed service company for USD 25 mn…
Juhayna profits fall 19% in 2019
EARNINGS WATCH- Juhayna profits fall 19% in 2019: Juhayna Food Industries’ profits fell 19% last year despite the company seeing…
Americana approves Cairo 3A bid to acquire its stake in Egyptian Starch and Glucose
M&A WATCH- Starch and Glucose Company shareholders approve Cairo 3A acquisition bid: The Egyptian International Tourism Projects Company (Americana Egypt)…
Lorenz Snack-World looking to expand in Egypt, launch more products
German snack company Lorenz Snack-World is seeking to expand its presence in Egypt and has applied for a 10k sqm…
Walid El Saadany leaves Otlob
MOVES- Walid El Saadany leaves Otlob: Online food delivery company Otlob has appointed Sofiène Marzouki (LinkedIn) as interim CEO after…
Edita launches Molto Sandwiches
Edita Industries has launched its Molto Sandwich product with a retail price of EGP 4 per pack, according to a…
Egypt’s Willy Wonka sweetens the Making It studio
Egypt’s ‘Willy Wonka’ is our latest guest on Making It: Hani Berzi, the CEO of Edita, tells us all about…
Edita’s CEO on creating a sustainable business model
Sustainability over profitability, not your common business model: Hani Berzi, the CEO of Edita, wanted his business to be sustainable.…
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