{"id":639215,"date":"2017-10-24T03:47:44","date_gmt":"2017-10-24T03:47:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/24\/backward-integration-and-africa-are-the-name-of-the-game-now-in-the-food-industry\/"},"modified":"2017-10-24T03:47:44","modified_gmt":"2017-10-24T03:47:44","slug":"backward-integration-and-africa-are-the-name-of-the-game-now-in-the-food-industry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/24\/backward-integration-and-africa-are-the-name-of-the-game-now-in-the-food-industry\/","title":{"rendered":"Backward integration and Africa are the name of the game now in the food industry"},"content":{"rendered":"

<\/a> The name of the game for the food industry: Backward integration and exporting to <\/strong>Africa:<\/strong> The food industry, which has been reeling from lower sales and higher costs of imported production inputs since the float of the EGP, has been forced to invest further up the supply chain, says Prime Holdings\u2019 Omneyah El Hamamy. The most recent evidence of this is cheesemaker Obour Land investing in a EGP 105-115 mn dairy facility<\/a> to offset the higher costs of imported dairy goods, she tells Al Borsa<\/a>. Juhayna, meanwhile, had already started diversifying<\/a> into dairy production. Beyond backward integration, food companies have been eying markets in Africa for exports. These included Domty, which launched a branch and distribution center in Rwanda<\/a> with plans to expand further into Kenya. Edita, the nation\u2019s largest snackfood maker, has also said that it is eyeing expansion markets<\/a> after signing an agreement to distribute some of its products in Saudi Arabia.<\/p>\n","protected":false},"excerpt":{"rendered":"

The name of the game for the food industry: Backward integration and exporting to Africa: The food industry, which has been reeling from lower sales and higher costs of imported production inputs since the float of the EGP, has been forced to invest further up the supply chain, says Prime Holdings\u2019 Omneyah El Hamamy. The […]<\/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-639215","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1b853660-5a30-4f42-a1f5-56ebfcf0ab0c","order":"0","is_powered_by":true,"section_story_id":"d37494f4-ba05-4af0-b540-43094423d998","story_type":"1","photo_url":"","photo_position":"above","related_issue":[639204],"teaser":"","voice_url":""},"yoast_head":"\nBackward integration and Africa are the name of the game now in the food industry - 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\/10\/24\/backward-integration-and-africa-are-the-name-of-the-game-now-in-the-food-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Backward integration and Africa are the name of the game now in the food industry\" \/>\n<meta property=\"og:description\" content=\"The name of the game for the food industry: Backward integration and exporting to Africa: The food industry, which has been reeling from lower sales and higher costs of imported production inputs since the float of the EGP, has been forced to invest further up the supply chain, says Prime Holdings\u2019 Omneyah El Hamamy. 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Revenues during the quarter increased 6% to reach EGP 2.04 bn.","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":546732,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/lots-of-fresh-investment-in-food-pharma-and-alumium\/","url_meta":{"origin":639215,"position":1},"title":"Lots of fresh investment in food, pharma and alumium","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"Yesterday was a particularly busy day for mid-sized investment news spanning industries from pharma to food and aluminum. Here\u2019s the rundown:Egypt Otsuka plans USD 30 mn factory: The local unit of Japanese pharma company Otsuka plans to invest USD 30 mn in a new factory to produce nutritional supplements and\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543548,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/07\/beyti-united-pharma-announce-investments-to-ramp-up-production\/","url_meta":{"origin":639215,"position":2},"title":"Beyti + United Pharma announce investments to ramp up production","author":"enterpriseam admin","date":"7 February 2022","format":false,"excerpt":"Dairy and juice producer Beyti plans to invest EGP 250 mn in Egypt this year to add new production lines, CEO Mark Wiley said yesterday in a statement carried by Mubasher. The investment will also be used to expand the company\u2019s distribution network. Beyti invested EGP 204 mn in Egypt\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\/2022\/2\/78.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599039,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/frieslandcampina-to-do-due-diligence-on-arab-dairy-ahead-of-bid-offer\/","url_meta":{"origin":639215,"position":3},"title":"FrieslandCampina to do due diligence on Arab Dairy ahead of bid offer","author":"enterpriseam admin","date":"17 June 2019","format":false,"excerpt":"M&A WATCH- FrieslandCampina to do due diligence on Arab Dairy ahead of bid: Egyptian cheese maker Arab Dairy will let Netherlands-based FrieslandCampina perform due diligence ahead of a potential bid for 100% of Arab Dairy\u2019s, the company said in a bourse filing (pdf). The Panda cheese brand producer said it\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":581762,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/23\/almarai-now-owns-100-of-beyti\/","url_meta":{"origin":639215,"position":4},"title":"Almarai now owns 100% of Beyti","author":"enterpriseam admin","date":"23 February 2023","format":false,"excerpt":"Saudi\u2019s Almarai buys PepsiCo out of Beyti: Saudi dairy producer Almarai has bought PepsiCo\u2019s entire 48% stake in the parent company of juice and dairy producer Beyti for SAR 255 mn (c. USD 68 mn), it said in a disclosure to the Saudi stock exchange on Sunday. Almarai now owns\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\/2023\/2\/dairy-Almarai-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638308,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/quasi-governmental-seic-closes-in-acquisition-in-food-industry\/","url_meta":{"origin":639215,"position":5},"title":"Quasi-governmental SEIC closes in acquisition in food industry","author":"enterpriseam admin","date":"2 October 2017","format":false,"excerpt":"M&A WATCH- The quasi-governmental Saudi Egyptian Industrial Investment Company (SEIC) is hoping to complete the acquisition of an unnamed, privately-held food manufacturer in October, SEIC Chairman Ali Al Ayed tells Al Mal. 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