M&A Deal Summary

Raya Acquires The International Union for Integrated Food Industries

On December 7, 2016, Raya acquired food company The International Union for Integrated Food Industries for 4M USD

Acquisition Highlights
  • This is Raya’s 1st transaction in the Food sector.
  • This is Raya’s largest (disclosed) transaction.
  • This is Raya’s 1st transaction in Egypt.

M&A Deal Summary

Date 2016-12-07
Target The International Union for Integrated Food Industries
Sector Food
Buyer(s) Raya
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

The International Union for Integrated Food Industries

Giza, Egypt
website
Lazah is a food manufacture company. Lazah was established in 2005 and is headquartered in Giza, Egypt.

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Buyer(S) 1

Buyer

Raya

6th of October, Egypt

website


Category Company
Founded 1999
Sector Diversified
DESCRIPTION

Raya Holding for Technology and Communications SAE is an operator of information technology, data center outsourcing, contact center, smart buildings, consumer electronics, social media development, food and beverage, land transport and PET remanufacturing.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Egypt) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1