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Quantum Invest BV, the investment vehicle through which Egyptian businessman Hani Berzi holds his controlling interest in Edita Food Industries, has raised its stake in the company through a block trade valued at EGP1.26 billion ($26.5 million).
Edita said Quantum acquired 51.47 million shares at EGP24.5 ($0.51) per share in a transaction executed on the Egyptian Exchange. The deal lifted Quantum’s ownership to 48.75 percent from 45.07 percent, tightening Berzi’s grip on one of Egypt’s best-known packaged food makers.
The transaction was carried out through the exchange’s block trade mechanism, allowing a large volume of shares to change hands without disrupting regular market trading.
Signal to investors
The move adds to signs of steady institutional and shareholder interest in Egyptian equities, even as investors weigh currency pressures and regional risks. Large, single-trade transactions are often seen as a vote of confidence in a company’s balance sheet and earnings outlook.
Edita said the increased backing from a core shareholder supports its plans to expand production and defend margins in a market shaped by inflation and rising input costs. Companies with strong brands and wide distribution have generally been better placed to manage those pressures.
Business fundamentals
Founded in 1996, Edita Food Industries is among Egypt’s largest producers of packaged snacks, selling cakes, croissants, rusks and wafers across the country, its products reach consumers through a broad network of supermarkets, groceries and convenience stores.
Demand for low-cost packaged food has remained resilient in Egypt, supported by population growth and shifting consumption habits. For the first nine months of 2025, Edita reported revenue of EGP 14.74 billion ($310 million), up 24 percent from a year earlier. Net profit climbed 38 percent, helped by export sales and the launch of new products.
Leadership and expansion
Berzi is Edita’s chief executive and managing director, leveraging decades of experience in the food industry. He began his career at his family’s Tasty Foods Egypt before founding Edita and turning it into a leading packaged foods player in North Africa and the Middle East.
The company has outlined expansion plans worth about $84 million to boost production in Egypt, Iraq and Morocco. Quantum Invest BV remains Berzi’s main vehicle for holding and managing his controlling stake in Edita Food Industries.
