Dreny & Partners on the sale of Fancy Foods to Edita Food Industries
Dreny & Partners successfully represented the shareholders of Fancy Foods in the acquisition of 100% of the shares by Edita Food Industries, a prominent player in the food manufacturing industry, in a transaction valued at EGP 380 million.
Fancy Foods has established itself in the frozen bakery sector, specializing in the production of a wide range of frozen pastries, bread, and confectionery.
The team advising on the transaction was led by managing partner Motaz El Dreny (pictured) and included managing associate Omar Dwidar, Nada Kamal, Hussein Amer and Laila El Atfy (all corporate and m&a).
Matouk Bassiouny & Hennawy (MBH) acted as legal counsel to Edita Food Industries in this transaction. Click here to view team details.