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Acquired | Acquired



About Egybelg

On June 10th, 2022, Egybelg was acquired by Savola. Egybelg is an Egyptian and Belgian company for industrial investments. It owns yeast, bakery, and confectionary factories. It is based in Egypt.

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Latest Egybelg News

Saudi Arabia’s Savola foods acquires bakery firm Egyptian Belgian Company

Jun 20, 2022

SAUDI ARABIA—Savola Foods, a subsidiary of Saudi Arabia’s Savola Group, has acquired total assets of baked goods firm Egyptian Belgian Co. for Industrial Investments (Egybelg), with a value of US$33.1million. Al Ahly Pharos, the investment-banking arm of National Bank of Egypt, acknowledged the signing of an asset-purchase agreement (APA) between the two parties as the…

Egybelg Frequently Asked Questions (FAQ)

  • What is Egybelg's latest funding round?

    Egybelg's latest funding round is Acquired.

  • Who are the investors of Egybelg?

    Investors of Egybelg include Savola Group.

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