{"id":648756,"date":"2017-04-11T04:15:18","date_gmt":"2017-04-11T04:15:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/"},"modified":"2017-04-11T04:15:18","modified_gmt":"2017-04-11T04:15:18","slug":"saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/","title":{"rendered":"Saudi Egyptian Industrial Investments acquired 38% in Farcomake for Advanced Medical Industries"},"content":{"rendered":"<p><strong>CORRECTION-<\/strong> The Saudi Egyptian Industrial Investments Company acquired a 38% stake in medical disposables company Farcomake for Advanced Medical Industries for EGP 35 mn on Sunday. The transaction was managed by Sigma Capital. We had mentioned the name of the acquired company incorrectly in yesterday\u2019s issue. We apologize for the error. The entry has been corrected on our website. H\/t Khaled H.<\/p>\n<p><strong>\u2026In related news, Saudi Egyptian Industrial Investments Company said Farcomake is <\/strong><strong>investing EGP 100 mn in expanding production lines<\/strong> to cover domestic demand for kidney disease treatments and increase exports. The investment will be covered by an EGP 65 mn loan and the EGP 35 mn capital raising proceeds, according to <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=329650\">Al Mal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CORRECTION- The Saudi Egyptian Industrial Investments Company acquired a 38% stake in medical disposables company Farcomake for Advanced Medical Industries for EGP 35 mn on Sunday. The transaction was managed by Sigma Capital. We had mentioned the name of the acquired company incorrectly in yesterday\u2019s issue. We apologize for the error. The entry has been [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648756","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5d1adb7b-8e45-4a80-b327-3bd99a8a605c","order":"0","is_powered_by":true,"section_story_id":"9b4ed3e2-80cc-4cdd-b9dc-5b47fb53a7e1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648740],"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>Saudi Egyptian Industrial Investments acquired 38% in Farcomake for Advanced Medical Industries - 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\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Egyptian Industrial Investments acquired 38% in Farcomake for Advanced Medical Industries\" \/>\n<meta property=\"og:description\" content=\"CORRECTION- The Saudi Egyptian Industrial Investments Company acquired a 38% stake in medical disposables company Farcomake for Advanced Medical Industries for EGP 35 mn on Sunday. The transaction was managed by Sigma Capital. We had mentioned the name of the acquired company incorrectly in yesterday\u2019s issue. We apologize for the error. The entry has been [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-11T04:15:18+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\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi Egyptian Industrial Investments acquired 38% in Farcomake for Advanced Medical Industries\",\"datePublished\":\"2017-04-11T04:15:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/\"},\"wordCount\":123,\"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\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/saudi-egyptian-industrial-investments-acquired-38-in-farcomake-for-advanced-medical-industries\/\",\"name\":\"Saudi Egyptian Industrial Investments acquired 38% in Farcomake for Advanced Medical Industries - 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The transaction was managed by Sigma Capital. We had mentioned the name of the acquired company incorrectly in yesterday\u2019s issue. We apologize for the error. 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The transaction, which was managed by Sigma Capital, comes as part of Farcomake\u2019s plan to raise capital\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548891,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/savola-to-invest-egp-1-bn-in-egyptian-belgian-company\/","url_meta":{"origin":648756,"position":1},"title":"Savola to invest EGP 1 bn in Egyptian Belgian Company","author":"enterpriseam admin","date":"25 August 2022","format":false,"excerpt":"Saudi food conglomerate Savola plans to invest over EGP 1 bn in the Egyptian Belgian Company to increase production, CEO Sameh Hassan told CNBC Arabia (watch, runtime: 3:06). The company acquired the maker of Ole-branded baked goods for EGP 622.4 mn in June.Savola has hiked prices aggressively since taking over:\u2026","rel":"","context":"In &quot;Investment Watch&quot;","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":591938,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/egypts-amn-industrial-investment-acquires-7-7-of-pachin-for-egp-39-93-mn\/","url_meta":{"origin":648756,"position":2},"title":"Egypt\u2019s AMN Industrial Investment acquires 7.7% of Pachin for EGP 39.93 mn","author":"enterpriseam admin","date":"22 December 2019","format":false,"excerpt":"M&A WATCH- Egypt\u2019s AMN Industrial Investment acquires 7.7% of Pachin for EGP 38.9 mn: AMN Industrial Investment has acquired 7.7% of the Paint and Chemical Industries Company (Pachin) in a EGP 38.9 mn transaction, Pachin said in a disclosure to the EGX (pdf). AMN bought out Pachin shareholder Helmy Abou\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":598829,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/gcc-egyptian-consortium-looking-to-acquire-emisal-salts-for-at-least-egp-700-mn\/","url_meta":{"origin":648756,"position":3},"title":"GCC-Egyptian consortium looking to acquire Emisal Salts for at least EGP 700 mn","author":"enterpriseam admin","date":"10 June 2019","format":false,"excerpt":"M&A WATCH- A bidding war for Emisal Salts? A consortium made up of Kuwait\u2019s Al Madar Finance and Investment and the Saudi-Egyptian Industrial Investment (SEII) is looking to acquire Emisal Salts, potentially triggering a bidding war with Egypt Kuwait Holding. 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