RNS Number : 1903H
Edita Food Industries S.A.E.
04 April 2022

April 4th, 2022






EDITA Food Industries (EFID CA and the London Stock Exchange EFID.L) - the leader of snacks industry in Egypt, officially inaugurated the Company's manufacturing facility in Morocco in the presence of his Excellency the Moroccan Minister of Industry and Trade - Mr. Riad Mazour. The actual operations in the manufacturing facility commenced in December 2021.


During the Ceremony, Edita Food Industries - Morocco signed a Cooperation Protocol with the Moroccan Ministry of Industry and Trade, where the company plans to increase its investment in Morocco by approximately MAD 170 million. The Board of Directors of Edita Morocco also agreed to increase its capital to MAD 100 million and to purchase a new production line for the manufacturing of cake from Edita Egypt. The Ceremony was attended by his Excellency the Minister of Industry & Trade, the Egyptian Ambassador in Morocco Mr. Yasser Othman and Eng. Hani Berzi, Chairman of Edita Food Industries Egypt, and group of senior state officials as well as members of the Board of Directors of Edita Food Industries in Egypt and Morocco and Dislog Group


It is worth noting that Edita Group will continue to own about 76% of Edita Food Industries Morocco, while Dislog Group owns about 20%.






Menna Allah Shams ElDin

                                                            Head of Investor Relations



This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.