{"id":544524,"date":"2022-03-08T03:37:32","date_gmt":"2022-03-08T03:37:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/"},"modified":"2022-03-08T03:37:32","modified_gmt":"2022-03-08T03:37:32","slug":"qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/","title":{"rendered":"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda"},"content":{"rendered":"

<\/a> Qatar\u2019s Baladna acquires 5% stake in Juhayna: <\/strong>Qatari dairy firm Baladna<\/a> has acquired a 5% stake (47.1 mn shares) in leading Egyptian dairy company Juhayna (JUFO) for EGP 285.8 mn, the firm said in a d<\/a>isclosur<\/a>e<\/a> to the Qatar Stock Exchange. That works out to an average price per share of EGP 6.07. JUFO shares fell 2.7% in trading yesterday to EGP 5.70.<\/p>\n

This makes Baladna the company\u2019s <\/strong>third-largest shareholde<\/strong>r:<\/strong> Pharon Investment \u2014<\/p>\n

an offshore vehicle owned by the Thabet family \u2014 owns 50.1%, and Rimco Investments holds 10.6%.<\/p>\n

A good time to jump in on JUFO. <\/strong>The local dairy firm posted strong growth in its latest earnings release, with its bottom line rising 28% during 9M2021 on the back of a 16% increase in revenues. JUFO is also under new management, having tapped<\/a> new group CEO Niels Thomsen a few weeks ago. Baladna\u2019s entry comes nearly a year after reports that Abu Dhabi\u2019s sovereign wealth fund was eyeing<\/a> a stake in the dairy producer, though there has been no news on that front since.<\/p>\n

OTHER M&A NEWS-<\/strong> Compass again ups stake in Rameda as part of a block transaction <\/strong>that saw 6.4% of the company\u2019s shares change hands<\/strong>:<\/strong> Rameda Pharma\u2019s largest shareholder, Equinox Pharma, has purchased another 1.8% of the company, raising its stake to 17.5%, Rameda announced in a statement<\/a>(pdf)<\/a> yesterday. Equinox is owned by Compass Investment, which acquired 100% of Rameda in 2011 before listing it on the EGX in 2019, and last year upped<\/a> its stake in the pharma firm by 2.7 points to 15.4%.<\/p>\n

Equinox wasn\u2019t the only investor to acquire shares:<\/strong> An unnamed GCC institutional investor and an executive board member of Rameda also bought shares in the company, the statement said. Including Equinox\u2019s purchase, 6.4% of the company (64.3 mn shares) was sold via a block trade worth EGP 128.6 mn, for an average share price of EGP 2.00 per share. Rameda shares closed 7% lower yesterday at EGP 2.00.<\/p>\n

On the sell-side: <\/strong>The shares were sold by several pre-IPO investors including Seddik Mohamed Seddik, company spokesperson Yasmine Negm told Enterprise. Rameda announced late last year that Seddik was selling a 5% stake<\/a> (49 mn shares) in the company to an unnamed foreign institutional investor, on the condition that the investor holds onto the shares for the remainder of Seddik\u2019s post-IPO lock-up period.<\/p>\n

What they said:<\/strong> \u201cJust two years after its listing, and with solid year-end results reported by the company in 2021, we believe that Rameda is on track to generate exceptional growth in both the short and long-term,\u201d said Equinox MD (and Compass chief) Shamel Aboul Fadel.<\/p>\n","protected":false},"excerpt":{"rendered":"

Qatar\u2019s Baladna acquires 5% stake in Juhayna: Qatari dairy firm Baladna has acquired a 5% stake (47.1 mn shares) in leading Egyptian dairy company Juhayna (JUFO) for EGP 285.8 mn, the firm said in a disclosure to the Qatar Stock Exchange. That works out to an average price per share of EGP 6.07. JUFO shares […]<\/p>\n","protected":false},"author":1,"featured_media":544525,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7363],"tags":[1305,72,1304,1027,7128,296,449],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-baladna","tag-enterpriseam","tag-gcc","tag-juhayna","tag-ma-watch","tag-qatar","tag-rameda-pharma","wpautop","entry"],"acf":{"mongo_id":"297a77ab-540a-4c75-b02d-12134e8d207d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/91.jpg","photo_position":"above","related_issue":[544514],"teaser":"","voice_url":""},"yoast_head":"\nQatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda\" \/>\n<meta property=\"og:description\" content=\"Qatar\u2019s Baladna acquires 5% stake in Juhayna: Qatari dairy firm Baladna has acquired a 5% stake (47.1 mn shares) in leading Egyptian dairy company Juhayna (JUFO) for EGP 285.8 mn, the firm said in a disclosure to the Qatar Stock Exchange. That works out to an average price per share of EGP 6.07. JUFO shares […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-08T03:37:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda\",\"datePublished\":\"2022-03-08T03:37:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/\"},\"wordCount\":432,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Baladna\",\"EnterpriseAM\",\"GCC\",\"Juhayna\",\"M&A Watch\",\"Qatar\",\"Rameda Pharma\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/\",\"name\":\"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-03-08T03:37:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/","og_locale":"en_US","og_type":"article","og_title":"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda","og_description":"Qatar\u2019s Baladna acquires 5% stake in Juhayna: Qatari dairy firm Baladna has acquired a 5% stake (47.1 mn shares) in leading Egyptian dairy company Juhayna (JUFO) for EGP 285.8 mn, the firm said in a disclosure to the Qatar Stock Exchange. That works out to an average price per share of EGP 6.07. JUFO shares […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-03-08T03:37:32+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda","datePublished":"2022-03-08T03:37:32+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/"},"wordCount":432,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1","keywords":["Baladna","EnterpriseAM","GCC","Juhayna","M&A Watch","Qatar","Rameda Pharma"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/","name":"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1","datePublished":"2022-03-08T03:37:32+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/qatari-dairy-firm-baladna-acquires-5-of-juhayna-compass-ups-share-in-rameda\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/91.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":546730,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/qatari-dairy-outfit-baladna-ups-its-stake-in-juhayna\/","url_meta":{"origin":544524,"position":0},"title":"Qatari dairy outfit Baladna ups its stake in Juhayna","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"Baladna buys more JUFO shares: Qatari dairy firm Baladna raised its stake in EGX-listed dairy company Juhayna to 10.14% from 9.99% in a EGP 12.4 mn transaction, according to a disclosure (pdf) to the EGX yesterday. The firm bought a total of 1.4 mn shares in Juhayna, at an average\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/347.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589461,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/04\/qatars-baladna-now-owns-15-of-juhayna\/","url_meta":{"origin":544524,"position":1},"title":"Qatar\u2019s Baladna now owns 15% of Juhayna","author":"enterpriseam admin","date":"4 July 2023","format":false,"excerpt":"Baladna is now Juhayna\u2019s second largest shareholder","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/53.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":677870,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/juhayna-drops-competitor-clause-after-fra-intervention-clearing-path-for-baladnas-board-push\/","url_meta":{"origin":544524,"position":2},"title":"Juhayna drops competitor clause after FRA intervention, clearing path for Baladna\u2019s board push","author":"enterpriseam admin","date":"24 December 2025","format":false,"excerpt":"The Thabet family\u2019s dairy giant drops its competitor clause after a regulatory rebuke \u2014 but the battle with Qatari rival Baladna is far from over","rel":"","context":"In "Companies"","block_context":{"text":"Companies","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1174.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608756,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/25\/qatars-baladna-is-planning-to-invest-usd-1-5-bn-in-our-dairy-industry\/","url_meta":{"origin":544524,"position":3},"title":"Qatar\u2019s Baladna is planning to invest USD 1.5 bn in our dairy industry","author":"enterpriseam admin","date":"25 October 2023","format":false,"excerpt":"Got milk? The Suez Canal Authority signed a joint cooperation memorandum with Qatari dairy producer Baladna that will see USD 1.5 bn invested into developing the local dairy production and processing industry, according to a cabinet statement released yesterday. The project will enhance food security, create jobs, and reduce the\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1230.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553000,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/jufo-to-pay-2021-dividends\/","url_meta":{"origin":544524,"position":4},"title":"JUFO to pay 2021 dividends","author":"enterpriseam admin","date":"13 October 2022","format":false,"excerpt":"MARKET NEWS-Dairy company Juhayna will pay out dividends of EGP 0.35 a share for 2021, redeemable on 3 November, it said in an EGX disclosure (pdf). The EGX30 rose 0.5% at today\u2019s close on turnover of EGP 1.01 bn (2.9% above the 90-day average). Foreign investors were net sellers. The\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543874,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/22\/juhayna-taps-new-group-ceo\/","url_meta":{"origin":544524,"position":5},"title":"Juhayna taps new group CEO","author":"enterpriseam admin","date":"22 February 2022","format":false,"excerpt":"Juhayna Food Industries (JUFO) has appointed Niels Thomsen (Linkedin) as group CEO, the company announced in a statement (pdf). Thomsen is a familiar face at JUFO, having previously worked as the dairy and juice giant\u2019s factory director for seven years. He left Juhayna in 2013 to found his own firm\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544524"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544524\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544525"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544524"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544524"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}