Arla Foods to buy Egyptian dairy company
Arla Foods has made an acquisition offer for Egypt’s Arabian Food Industries Company (Domty), with a price per share of EGP 31.48, representing a total consideration of EGP 8.897m (EUR 168.22m) for 100% of the shares. Domty employs around 4,000 people and it is a leading player in the local milk and dairy product market, with two production plants in the country.
This article is available for reading in Trade magazin 2024/11
Related news
More related news >
Related news
The taste, packaging and rhythm of the future – a 2025 innovation map
In this article our magazine takes a look at how…
Read more >Convenience boom
There is no standard definition for convenience foods. Foodnavigator.com examined…
Read more >Carrefour aims to open 100 stores in Spain this year
Carrefour Spain aims to open at least 100 stores this year,…
Read more >