{"id":575323,"date":"2020-10-12T03:43:07","date_gmt":"2020-10-12T03:43:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/"},"modified":"2020-10-12T03:43:07","modified_gmt":"2020-10-12T03:43:07","slug":"el-saidy-tobacco-acquires-americana-egypts-international-tobacco","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/","title":{"rendered":"El Saidy Tobacco acquires Americana Egypt\u2019s International Tobacco"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>M&A WATCH- <\/strong><strong><a href=\"https:\/\/www.alsaidytobacco.com\/\">El Saidy Tobacco<\/a><\/strong><strong> has acquired Americana Egypt subsidiary <\/strong><strong>International Tobacco<\/strong>, Prime Holding \u2014 which managed the transaction and acted as Americana\u2019s financial advisor \u2014 said in a <a href=\"https:\/\/ent.news\/2020\/10\/Tobacco-Press-Release.pdf\">press release (pdf)<\/a>. El Saidy Tobacco\u2019s CEO Hamada El Far said the acquisition of International and its ElHennawi Tobacco brand represented \u201ca strong addition\u201d to the company\u2019s portfolio. The value of the transaction was not disclosed. El Saidy, which employs some 2.5k workers, set up shop in Mansoura 15 years ago and has a second factory in Menofia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- El Saidy Tobacco has acquired Americana Egypt subsidiary International Tobacco, Prime Holding \u2014 which managed the transaction and acted as Americana\u2019s financial advisor \u2014 said in a press release (pdf). El Saidy Tobacco\u2019s CEO Hamada El Far said the acquisition of International and its ElHennawi Tobacco brand represented \u201ca strong addition\u201d to the [&hellip;]<\/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":[6057,72,6058,7128,2380,7401],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575323","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-el-saidy","tag-enterpriseam","tag-international-tobacco","tag-ma-watch","tag-speed-round","tag-tobacco","wpautop","entry"],"acf":{"mongo_id":"aef241e3-9071-4b6b-84a2-de0f209050f9","is_powered_by":true,"section_story_id":"b285b7e2-b1c9-4c48-8d18-3b78154d29f2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[575317],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>El Saidy Tobacco acquires Americana Egypt\u2019s International Tobacco - 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\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Saidy Tobacco acquires Americana Egypt\u2019s International Tobacco\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- El Saidy Tobacco has acquired Americana Egypt subsidiary International Tobacco, Prime Holding \u2014 which managed the transaction and acted as Americana\u2019s financial advisor \u2014 said in a press release (pdf). El Saidy Tobacco\u2019s CEO Hamada El Far said the acquisition of International and its ElHennawi Tobacco brand represented \u201ca strong addition\u201d to the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-12T03:43:07+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Saidy Tobacco acquires Americana Egypt\u2019s International Tobacco\",\"datePublished\":\"2020-10-12T03:43:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"El Saidy\",\"EnterpriseAM\",\"International Tobacco\",\"M&amp;A Watch\",\"SPEED ROUND\",\"tobacco\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/12\/el-saidy-tobacco-acquires-americana-egypts-international-tobacco\/\",\"name\":\"El Saidy Tobacco acquires Americana Egypt\u2019s International Tobacco - 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Tawfik did not\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":631769,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/27\/cihc-to-sell-only-4-of-eastern-tobacco-company-maintain-controlling-stake\/","url_meta":{"origin":575323,"position":1},"title":"CIHC to sell only 4% of Eastern Tobacco Company, maintain controlling stake","author":"enterpriseam admin","date":"27 March 2018","format":false,"excerpt":"IPO WATCH- CIHC to sell only 4% of Eastern Tobacco, will keep a controlling stake: The Chemical Industries Holding Company (CIHC) is planning to sell only 4% of its stake in the Eastern Tobacco Company under the state\u2019s IPO program and retain a controlling 51% stake, CIHC Chairman Emad El\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":646400,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/el-sharkawy-wants-tobacco-cultivation-study-ready\/","url_meta":{"origin":575323,"position":2},"title":"El Sharkawy wants tobacco cultivation study ready","author":"enterpriseam admin","date":"13 June 2017","format":false,"excerpt":"Public Enterprise Minister Ashraf El Sharkawy is urging Eastern Tobacco to complete a study assessing tobacco cultivation in Egypt and to expand exports, Al Masry Al Youm reports. A comprehensive study on tobacco cultivation domestically was supposed to be completed by mid-May. This came amid reports that the farmers syndicate\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622001,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/egypt-to-hold-off-on-eastern-tobacco-stake-sale-until-the-market-stabilizes-says-efg\/","url_meta":{"origin":575323,"position":3},"title":"Egypt to hold off on Eastern Tobacco stake sale until the market stabilizes, says EFG","author":"enterpriseam admin","date":"25 November 2018","format":false,"excerpt":"IPO WATCH - No Eastern Tobacco stake sale until the market stabilizes, says EFG: The state will not proceed with the sale of an additional 4.5% stake in the Eastern Tobacco Company on the EGX until the market stabilizes, EFG Hermes\u2019 Investment Banking Co-Head Moustafa Gad told Masrawy. Gad acknowledged\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":649127,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/study-on-local-tobacco-cultivation-underway-to-be-completed-by-mid-may\/","url_meta":{"origin":575323,"position":4},"title":"Study on local tobacco cultivation underway to be completed by mid-May","author":"enterpriseam admin","date":"23 April 2017","format":false,"excerpt":"A comprehensive study of tobacco cultivation in Egypt will be ready by mid-May, Chemical Industries Holding Company chairman Yasser El Naggar says, Ahram Gate reports. Cultivation in Wadi Al Natrun is being considered. 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