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  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
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  • NEWS & INSIGHTS
    • Global News
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Edita

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1 MIN READ

Egypt: Edita agrees deal to acquire 49% of Tuama Jebur Abbas

January 22, 2025
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Food, Mergers & Acquisitions, Middle East & Africa

Edita, described as a leader in the Egyptian snack food market, has agreed to acquire a 49% staked in Tuama Jabur Abbas, a  fellow snack food firm based in Iraq, for a total of $8 million USD. The partnership will establish Edita Iraq and also see Edita acquire two production lines for cakes, as well as one for biscuits. Edita  said it aimed to leverage its established brand equity through exports, including …

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