M&A Deal Summary

Kazyon Acquires Dukan

On February 6, 2024, Kazyon acquired retailer Dukan

Acquisition Highlights
  • This is Kazyon’s 1st transaction in the Retail sector.
  • This is Kazyon’s 1st transaction in Saudi Arabia.

M&A Deal Summary
Date 2024-02-06
Target Dukan
Sector Retail
Buyer(s) Kazyon
Deal Type Add-on Acquisition

Target

Dukan

Jeddah, Saudi Arabia
Dukan is a grocery discount retailer. Dukan currently operates over 100 stores across three cities located in the Makkah province. Dukan offers a full range of basic groceries and a differentiated assortment of private-label products at discounted prices, currently serving over 50,000 customers daily. Dukan was founded in 2013 and is based in Jeddah, Saudi Arabia.

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Buyer(S) 1

Buyer

Kazyon

Zamalek, Egypt
Category Company
Founded 2014
Sector Retail
Employees7,000
DESCRIPTION

Kazyon is a discount retailer in the Arab world and Africa currently operating over 1,000 stores. Kazyon has been steadily increasing its store footprint, supported by its proprietary end-to-end logistics capabilities that fully integrate its distribution centres, fleet of transport vehicles and stores. Kazyon was founded in 2014 and is based in Zamalek, Egypt.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Saudi Arabia) 1 of 1
Year (2024) 1 of 1
Mergr

Product

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