{"id":635675,"date":"2017-12-11T04:09:41","date_gmt":"2017-12-11T04:09:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/edita-enters-morocco-in-jv-with-leading-moroccan-distributor\/"},"modified":"2017-12-11T04:09:41","modified_gmt":"2017-12-11T04:09:41","slug":"edita-enters-morocco-in-jv-with-leading-moroccan-distributor","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/edita-enters-morocco-in-jv-with-leading-moroccan-distributor\/","title":{"rendered":"Edita enters Morocco in JV with leading Moroccan distributor"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Todo and the gang are going to Morocco:<\/strong> Edita, the nation\u2019s largest producer of packaged snack food, announced (pdf)<\/a> it will directly enter the Moroccan snack food market through a greenfield investment with Morocco\u2019s Dislog Group<\/a>, a leading Moroccan distributor for top multinational brands. Edita signed an MoU with Dislog to form a joint venture named Edita Food Industries \u2013 Morocco, with Edita owning a 51% stake. \u201cCommercial operations will begin in early 2018 with exports of Edita\u2019s products to Morocco, while the second stage will entail the establishment of a state-of-the-art manufacturing facility in 2019 with an initial investment estimated at around USD 10 mn.\u201d Edita Chairman and Managing Director Hani Berzi says, \u201cMorocco itself is a very attractive market due to its strong domestic demand and significant growth potential in the segments in which we operate\u2026 As we enter the Moroccan market, we aim to capitalize on our successful track record and replicate a proven business model of marketing and manufacturing excellence, calling on the same expertise in research and development, production, and distribution that has seen us succeed in Egypt. We will continue to be aggressive in terms of delivering on our long-term strategy to maximize growth.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Todo and the gang are going to Morocco: Edita, the nation\u2019s largest producer of packaged snack food, announced (pdf) it will directly enter the Moroccan snack food market through a greenfield investment with Morocco\u2019s Dislog Group, a leading Moroccan distributor for top multinational brands. Edita signed an MoU with Dislog to form a […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635675","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ee817c3a-a742-496f-9392-63e1e1daa8b1","order":"0","is_powered_by":true,"section_story_id":"8a3249c6-70bf-45a0-b5c1-217b090ff895","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635666],"teaser":"","voice_url":""},"yoast_head":"\nEdita enters Morocco in JV with leading Moroccan distributor - 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\/2017\/12\/11\/edita-enters-morocco-in-jv-with-leading-moroccan-distributor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edita enters Morocco in JV with leading Moroccan distributor\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Todo and the gang are going to Morocco: Edita, the nation\u2019s largest producer of packaged snack food, announced (pdf) it will directly enter the Moroccan snack food market through a greenfield investment with Morocco\u2019s Dislog Group, a leading Moroccan distributor for top multinational brands. 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