Edita Food Industries Plans EGP1bn New Investments in 3 Years
Egypt’s snack food provider, Edita Food Industries is planning fresh investments worth one billion Egyptian pounds in the coming three years, CEO Hani Berzi said.
In an interview with Amwal Al Ghad, Berzi stated that Edita’s upcoming investments will for boosting production rates, developing existing products and factories in addition to having more distribution centres.
Edita has four factories, namely in Kom Abu Radi (Beni Suef governorate), 10th of Ramadan City, the Third Industrial Zone, and Polaris Zone – which both locate in the 6th October City.
Moreover, Berzi noted that Edita’s future strategy also includes working on the establishment of a new factory.
Edita is the largest independent snack food business in North Africa, part-owned by buyout firm Actis LLP.
Edita was established in 1996, and now is one of the leading FMCG companies in Egypt and the Middle East. The company is well known for its consistently high quality products and strong brands like Molto, TODO, Bake Rolz, Bake Stix, Mimix as well as the Hostess cakes range. Edita acts also as the sole regional distributor of several brands of imported sweeteners, olive oils, & pasta.
