Add-on Acquisition • Retail

Kazyon Acquires Dukan

On February 6, 2024, Kazyon acquired retailer Dukan

Acquisition Context

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

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M&A Deal Summary
Date	February 6, 2024
Target	Dukan
Sector	Retail
Buyer(s)	Kazyon
Deal Type	Add-on Acquisition

Target Company

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 Overview 1

Buyer

Kazyon

Zamalek, Egypt

Category	Company
Founded	2014
Sector	Retail
Employees	7,000

DESCRIPTION

Kazyon is a discount supermarket chain, offering affordable groceries and household products through a rapidly growing network of stores. Kazyon was founded in 2014 and is based in Zamalek, Egypt.

Deal Context for Buyer	#
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

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