News Details

Agthia’s BOD Approves Majority Acquisition in Egyptian Processed Meat Producer

07/04/2021

The board of the UAE-based Agthia Group has approved a strategic acquisition of a 75.02% stake in Egypt-based Ismailia Investments (Atyab), a producer of frozen processed chicken and beef products. The founder of Atyab would maintain a stake in the Egyptian company to continue the businesses' growth with the support of Agthia’s financial strength. (Mubasher)

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