Kemet

Private equity firm Ezdehar Management has acquired a majority stake in Egyptian snack maker Kemet for Natural Food S.A.E. through its Ezdehar Mid-Cap Fund II. Founded in 1998 in Giza, Kemet specialises in pretzels, with a portfolio featuring Pretzo, Mixy and Munchos, a filled pretzel snack. Its products are exported across four continents, as well as being distributed in the wider Middle East. Commenting on the move, Ezdehar managing director …