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Edita Food Industries expands its African footprint after acquiring HoHos, Twinkies and Tiger Tail brand rights beyond the Middle East and North Africa.
Hani Berzi gains $4.7 million from his Edita Food stake as shares rise on strong earnings and renewed investor interest in Egypt.
Hani Berzi’s Quantum Invest BV increased its Edita Food stake through a 26.5 million dollar block trade on the Egyptian Exchange.
Hani Berzi’s wealth rises by $27 million as Edita Food Industries shares rally, lifting his controlling stake on Egypt’s stock exchange.
Edita Food Industries, led by Hani Berzi, plans $84 million expansion to boost production in Egypt, Iraq, and Morocco.
Hani Berzi’s Edita stake rises $8.35 million as the snack producer’s market cap tops $670 million amid strong investor demand.
Edita posted $312 million in revenue for the first nine months of 2025, up 24%, with net profit rising 38% as exports and product innovation fuel growth.
Hani Berzi’s Edita Food acquires $6.7 million in machinery to raise capacity and strengthen its regional snack food expansion.
Hani Berzi’s stake in Edita Food Industries rises above $120 million after stock surges on the EGX.
Egypt’s Edita Food Industries, led by Hani Berzi, posts $190.7 million H1 2025 revenue, with profit up 22.7% despite lower sales volumes.
A strong rebound in Edita’s stock boosts Berzi’s wealth and underscores renewed investor confidence in Egypt’s snack food sector.
The decline marks another blow for Berzi, who chairs the Cairo-based snack maker and owns a 44.07-percent controlling stake.
Edita launches a premium frozen bakery line for Egypt’s food service sector, targeting cafés, hotels, and restaurants with ready-to-bake pastry solutions.
The decline stems from a steep fall in the company’s share price on the EGX, reflecting growing investor caution.
This payout, which more than double what he received last year, underscores Edita’s strong financial position and its commitment to rewarding shareholders.
Edita Food Industries plans a $2.76 million capital boost via retained earnings, doubling issued capital to $5.53 million as part of its regional expansion strategy.