Egypt’s Edita Food Industries Eyes Listing in Bourse by 2015

Big 5

Edita Food Industries Company is at the top of the companies which desiring to resort listing shares on Egypt’s bourse with the aim of increasing the base of investors and implementing its expansion plan.

Edita’s chairman and CEO Hani Berzi said it is expected that the initial public offering (IPO) for the company will be occurred within the first half of the next year.

In statements to Amwal Al Ghad, Berzi revealed that the Company’s expansion plan is aiming to pump investments worth EGP1 billion in order to increase production capacity, stressing that the company eyes attaining EGP2 billion sales by the end of 2014.

 

 

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