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Pin to quick picksEdita Food Regs Regulatory News (EFID)

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Edita Signs JV in Morocco

14 Mar 2018 08:49

RNS Number : 6785H
Edita Food Industries S.A.E.
14 March 2018
 

 

 

 

Edita signs a joint venture agreement with Dislog Group in the Kingdom of Morocco for the establishment of a snack food production facility in Morocco

Cairo, March 14, 2018

 

Edita Food Industries S.A.E. announces the signing of a joint venture agreement with Dislog Group in Morocco for the establishment of a snack food production facility in Morocco. Dislog is a fully integrated distribution company in the Moroccan FMCG market. The joint venture agreement was executed on March 13, 2018 by Eng. Hani Berzi representing Edita Participation Limited, the subsidiary and international investment arm of Edita Food Industries S.A.E. The parties had signed a memorandum of understanding that was announced by Edita in December 2017.

This agreement reinforces Edita's regional expansion strategy and further consolidates its position as a leading company in the packaged snack food market.

 

-Ends-

Contacts

Ms. Menna Shams El Din

Investor Relations and Business Development Senior DirectorT: +202 3851 6464 | M: +20 100 1542428 |  menna.shamseldin@edita.com.eg

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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