{"id":642999,"date":"2017-08-28T03:59:17","date_gmt":"2017-08-28T03:59:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/"},"modified":"2017-08-28T03:59:17","modified_gmt":"2017-08-28T03:59:17","slug":"intro-group-reportedly-acquires-50-of-tbs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/","title":{"rendered":"Intro Group reportedly acquires 50% of TBS"},"content":{"rendered":"

<\/a> M&A WATCH- The Abbas family\u2019s <\/strong>Intro Group<\/strong><\/a> has reportedly bought 50% of the company that owns bakery TBS and the Four Fat Ladies chain<\/strong>, among other brands, by acquiring a stake held by HM Partners, Al Mal reports, citing unnamed sources<\/a>. Al Mal\u2019s sources say TBS\u2019 capital is \u201cvalued at over EGP 50 mn,\u201d but stopped short of suggesting a transaction value. HM Partners is controlled by Maher Maksoud and Hassan Heikal and owns discount supermarket chain Kazyon. EFG Hermes reportedly advised on the transaction, the newspaper adds, with Al Tamimi & Co providing legal counsel. Although it is not clear whether the firm was on the buy or sell side. In February<\/a>, Al Mal had said TBS hired EFG Hermes to raise USD 30-40 mn to finance expansion plans. Earlier this month<\/a>, Daily News Egypt cited unnamed sources in saying that an EGP 130-150 mn transaction involving TBS was in the works, but that Al Hokair and Edita had backed away from bids. TBS reportedly has plans to add 10 new branches nationwide this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- The Abbas family\u2019s Intro Group has reportedly bought 50% of the company that owns bakery TBS and the Four Fat Ladies chain, among other brands, by acquiring a stake held by HM Partners, Al Mal reports, citing unnamed sources. Al Mal\u2019s sources say TBS\u2019 capital is \u201cvalued at over EGP 50 mn,\u201d but […]<\/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-642999","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3ae095a6-3df0-4cfd-81f7-df29fa34b5ee","order":"0","is_powered_by":true,"section_story_id":"f6362f37-1307-4d4e-bfca-80b5938a696a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642988],"teaser":"","voice_url":""},"yoast_head":"\nIntro Group reportedly acquires 50% of TBS - 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\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intro Group reportedly acquires 50% of TBS\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- The Abbas family\u2019s Intro Group has reportedly bought 50% of the company that owns bakery TBS and the Four Fat Ladies chain, among other brands, by acquiring a stake held by HM Partners, Al Mal reports, citing unnamed sources. Al Mal\u2019s sources say TBS\u2019 capital is \u201cvalued at over EGP 50 mn,\u201d but […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-28T03:59:17+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\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Intro Group reportedly acquires 50% of TBS\",\"datePublished\":\"2017-08-28T03:59:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/\"},\"wordCount\":181,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/\",\"name\":\"Intro Group reportedly acquires 50% of TBS - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-28T03:59:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Intro Group reportedly acquires 50% of TBS\"}]},{\"@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":"Intro Group reportedly acquires 50% of TBS - 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\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/","og_locale":"en_US","og_type":"article","og_title":"Intro Group reportedly acquires 50% of TBS","og_description":"M&A WATCH- The Abbas family\u2019s Intro Group has reportedly bought 50% of the company that owns bakery TBS and the Four Fat Ladies chain, among other brands, by acquiring a stake held by HM Partners, Al Mal reports, citing unnamed sources. Al Mal\u2019s sources say TBS\u2019 capital is \u201cvalued at over EGP 50 mn,\u201d but […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-28T03:59:17+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\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Intro Group reportedly acquires 50% of TBS","datePublished":"2017-08-28T03:59:17+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/"},"wordCount":181,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/","name":"Intro Group reportedly acquires 50% of TBS - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-28T03:59:17+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/intro-group-reportedly-acquires-50-of-tbs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Intro Group reportedly acquires 50% of TBS"}]},{"@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":591978,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/mansour-group-to-set-up-food-and-beverage-jv-with-egypts-tbs\/","url_meta":{"origin":642999,"position":0},"title":"Mansour Group to set up food and beverage JV with Egypt\u2019s TBS","author":"enterpriseam admin","date":"23 December 2019","format":false,"excerpt":"INVESTMENT WATCH- Mansour Group to set up food and beverage JV with TBS: Mansour Group is in talks with TBS to form a EGP 150 mn JV that will set up a baked goods factory to supply TBS\u2019 25 retail outlets, sources close to the matter told Al Mal. The\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":643061,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/29\/efg-hermes-confirms-it-advised-on-tbs-intro-investments-transaction\/","url_meta":{"origin":642999,"position":1},"title":"EFG Hermes confirms it advised on TBS, Intro Investments transaction","author":"enterpriseam admin","date":"29 August 2017","format":false,"excerpt":"M&A WATCH- EFG Hermes confirmed it acted as the \u201csole financial advisor for the shareholders of Native Markets,\u201d which owns the TBS and Four Fat Ladies brands, on a transaction that resulted in a \u2018partnership\u2019 between Native Markets and the Abbas family\u2019s Intro Investments Holding. EFG Hermes did not provide\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":642246,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/is-tbs-still-in-play\/","url_meta":{"origin":642999,"position":2},"title":"Is TBS still in play?","author":"enterpriseam admin","date":"9 August 2017","format":false,"excerpt":"M&A WATCH- Take this with a heaping tablespoonful of salt: A confused Daily News Egypt suggests that both Al Hokair and Edita have backed away from bids for bakery chain TBS, but then claims a few paragraphs later that it \u201clearnt from sources\u201d that an EGP 130-150 mn transaction is\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":651149,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/06\/banque-du-caire-to-increase-shares-to-be-listed-to-30-from-the-20-planned-eyes-gdrs\/","url_meta":{"origin":642999,"position":3},"title":"Banque du Caire to increase shares to be listed to 30% from the 20% planned, eyes GDRs","author":"enterpriseam admin","date":"6 February 2017","format":false,"excerpt":"IPO WATCH- The government is reportedly considering increasing the percentage of Banque du Caire shares set to be listed to 30% from an initial plan of 20%, sources told Al Shorouk. The extra shares would be listed as GDRs in London to \u201cattract foreign investors.\u201d Banque du Caire had informed\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":662506,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/18\/iconic-bakery-brand-tbs-to-set-up-shop-in-saudi-arabia\/","url_meta":{"origin":642999,"position":4},"title":"Iconic bakery brand TBS to set up shop in Saudi Arabia","author":"enterpriseam admin","date":"18 March 2025","format":false,"excerpt":"The factory will produce baked goods, with the first phase slated to kick off in 2026","rel":"","context":"In "EXPANSION"","block_context":{"text":"EXPANSION","link":"https:\/\/enterpriseam.com\/egypt\/category\/expansion\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1410.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575908,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/03\/al-ahly-capital-acquires-el-nada-hospital\/","url_meta":{"origin":642999,"position":5},"title":"Al Ahly Capital acquires El Nada Hospital","author":"enterpriseam admin","date":"3 November 2020","format":false,"excerpt":"M&A WATCH- Al Ahly Capital has reportedly completed its acquisition of 100% of healthcare player Cairo West, which owns El Nada Hospital, Al Mal reports, citing what it said are sources in the know. Al Ahly \u2014 the investment arm of the National Bank of Egypt \u2014 purchased the company\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642999","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=642999"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642999\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642988"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642999"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642999"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}