Edita signs toll manufacturing agreement withMIFAD
Giza, 7 November 2024
Edita Food Industries S.A.E. ("the Company") announced the signing of a toll manufacturing agreement in the biscuit sector with Misr Food Additives "MIFAD" ("the Manufacturer") This partnership enables the company to expand its production capacity and expand into new segments within the biscuit sector and enhance its offerings under its flagship brand, "Oniro".
Through the partnership, Edita will leverage MIFAD's available biscuit production capacity, allowing the company to meet rising local demand in Egypt's rapidly growing biscuit market. This move also positions Edita to significantly expand its market share in this segment.
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Contacts
Ms. Menna Shams El Din
Chief Investor Relations Officer & Corporate Affairs
T: +202 3851 6464 | M: +20 100 1542428 | [email protected]
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