{"id":566996,"date":"2020-01-09T04:05:55","date_gmt":"2020-01-09T04:05:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/"},"modified":"2020-01-09T04:05:55","modified_gmt":"2020-01-09T04:05:55","slug":"ezdehar-fund-acquires-majority-stake-in-rich-food","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/","title":{"rendered":"Ezdehar Fund acquires majority stake in Rich Food"},"content":{"rendered":"

<\/a> M&A WATCH- Ezdehar acquires majority stake in Rich Food:<\/strong> Ezdehar\u2019s Egypt Mid-Cap Fund has acquired a majority stake in the meat products and cold cuts company Rich Food<\/a>, according to a statement (pdf).<\/a>The value and size of the stake was not disclosed. Sources said the fund plans to purchase new equipment to increase the company\u2019s production capacity, and open between seven and 10 new branches. Rich Food's Amr Eltazy will remain on the company's board, but will no longer be CEO. Amr Farrag has been tapped to succeed Eltazy as CEO.<\/p>\n

Advisors:<\/strong> Ragy Soliman & Associates (Adsero) served as the legal advisor to the selling party alongside Moonstone Capital Partners who acted as the financial adviser. Al Tamimi & Company and the Dutch Van Campen Liem provided legal advice to Ezdehar.<\/p>\n

CORRECTION - 11 January 2020<\/em><\/p>\n

An earlier version of this story, which cited the local press, incorrectly said that Amr Eltazy would retain his position as CEO. The story has been updated with an official release and the correct information.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Ezdehar acquires majority stake in Rich Food: Ezdehar\u2019s Egypt Mid-Cap Fund has acquired a majority stake in the meat products and cold cuts company Rich Food, according to a statement (pdf).The value and size of the stake was not disclosed. Sources said the fund plans to purchase new equipment to increase the company\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[4353,72,762,564,4351,4352,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566996","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-cold-cut","tag-enterpriseam","tag-ezdehar","tag-food","tag-majority","tag-rich-foods","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0ffa8059-f3aa-413f-bb59-64c490897a19","is_powered_by":true,"section_story_id":"e23790e2-2a6d-4d14-ad97-06b28577b368","story_type":"1","photo_url":"","photo_position":"above","related_issue":[566988],"teaser":"","voice_url":""},"yoast_head":"\nEzdehar Fund acquires majority stake in Rich Food - 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\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ezdehar Fund acquires majority stake in Rich Food\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Ezdehar acquires majority stake in Rich Food: Ezdehar\u2019s Egypt Mid-Cap Fund has acquired a majority stake in the meat products and cold cuts company Rich Food, according to a statement (pdf).The value and size of the stake was not disclosed. Sources said the fund plans to purchase new equipment to increase the company\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-09T04:05:55+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ezdehar Fund acquires majority stake in Rich Food\",\"datePublished\":\"2020-01-09T04:05:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/\"},\"wordCount\":180,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Cold Cut\",\"EnterpriseAM\",\"Ezdehar\",\"food\",\"Majority\",\"Rich Foods\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/\",\"name\":\"Ezdehar Fund acquires majority stake in Rich Food - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-01-09T04:05:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ezdehar Fund acquires majority stake in Rich Food\"}]},{\"@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":"Ezdehar Fund acquires majority stake in Rich Food - 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\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/","og_locale":"en_US","og_type":"article","og_title":"Ezdehar Fund acquires majority stake in Rich Food","og_description":"M&A WATCH- Ezdehar acquires majority stake in Rich Food: Ezdehar\u2019s Egypt Mid-Cap Fund has acquired a majority stake in the meat products and cold cuts company Rich Food, according to a statement (pdf).The value and size of the stake was not disclosed. Sources said the fund plans to purchase new equipment to increase the company\u2019s […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-01-09T04:05:55+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Ezdehar Fund acquires majority stake in Rich Food","datePublished":"2020-01-09T04:05:55+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/"},"wordCount":180,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Cold Cut","EnterpriseAM","Ezdehar","food","Majority","Rich Foods","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/","name":"Ezdehar Fund acquires majority stake in Rich Food - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-01-09T04:05:55+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/ezdehar-fund-acquires-majority-stake-in-rich-food\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Ezdehar Fund acquires majority stake in Rich Food"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":632403,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/ezdehar-acquires-60-stake-in-global-lease\/","url_meta":{"origin":566996,"position":0},"title":"Ezdehar acquires 60% stake in Global Lease","author":"enterpriseam admin","date":"11 February 2018","format":false,"excerpt":"M&A WATCH- Ezdehar acquires majority stake in Global Lease Co: Ezdehar Egypt Mid-Cap Fund signed yesterday an agreement with Wadi Degla Holding Company to acquire 60% of the latter\u2019s Global Lease Company, Al Mal reports. Ezdehar\u2019s limited partners include the European Bank for Reconstruction and Development, the CDC Group, Dutch\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":613217,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/10\/ezdehar-acquires-majority-stake-in-apparel-player-behind-dalydress-and-premoda\/","url_meta":{"origin":566996,"position":1},"title":"Ezdehar acquires majority stake in apparel player behind Dalydress and Premoda","author":"enterpriseam admin","date":"10 January 2024","format":false,"excerpt":"SETA wants to expand its product offering and regional presence","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\/2024\/1\/605.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592644,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/03\/ekuity-acquires-30-stake-in-alunile-from-ezdehar-egypt-mid-cap-fund\/","url_meta":{"origin":566996,"position":2},"title":"Ekuity acquires 30% stake in AluNile from Ezdehar Egypt Mid-Cap Fund","author":"enterpriseam admin","date":"3 November 2019","format":false,"excerpt":"M&A WATCH- Ekuity acquires 30% stake in AluNile from Ezdehar Egypt Mid-Cap Fund: Kuwaiti investment holding company (Ekuity) has acquired a 30% stake in Egypt\u2019s Nile Aluminum and Metals Company (AluNile), from the Ezdehar Egypt Mid-Cap Fund, the companies announced in a joint statement this morning (pdf). \u201cEkuity is on\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":670244,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/17\/ezdehar-acquires-majority-stake-in-kemet-for-natural-food\/","url_meta":{"origin":566996,"position":3},"title":"Ezdehar acquires majority stake in Kemet for Natural Food","author":"enterpriseam admin","date":"17 August 2025","format":false,"excerpt":"Ezdehar will help Kemet expand its product portfolio, boost production, and expand international distribution","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\/2024\/8\/9.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574588,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/ezdehar-egypt-mid-cap-fund-acquires-minority-stake-in-al-tayseer-healthcare-group\/","url_meta":{"origin":566996,"position":4},"title":"Ezdehar Egypt Mid-Cap Fund acquires minority stake in Al Tayseer Healthcare Group","author":"enterpriseam admin","date":"15 September 2020","format":false,"excerpt":"M&A WATCH- Ezdehar Egypt Mid-Cap Fund has acquired a minority stake in AlTayseer Healthcare Group, according to an Ezdehar statement (pdf). The statement does not disclose the exact size of the stake or the value of the acquisition. Al Tayseer\u00a0 \u2014 which the Egypt-focused PE outfit began eyeing up earlier\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":613498,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/16\/ezdehar-acquires-minority-stake-in-local-pharma-delivery-startup-yodawy-with-usd-10-mn-investment\/","url_meta":{"origin":566996,"position":5},"title":"Ezdehar acquires minority stake in local pharma delivery startup Yodawy with USD 10 mn investment","author":"enterpriseam admin","date":"16 January 2024","format":false,"excerpt":"The investment will help Yodawy grow through expanding its client base and tech-enabled prescription capabilities","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\/2024\/1\/1045.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/566996","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=566996"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/566996\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/566988"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=566996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=566996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=566996"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=566996"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=566996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}