Bremerhaven. (bm) BiscoMisr is the largest biscuit company in Egypt and one of the five largest cookie companies in the Middle East and Africa. Founded 1957 as «Egyptian Company for Foods», 86 percent of the shares were acquired 2015 by the former Kellogg Company, from which Kellanova emerged 2023. Kellanova’s independent business life was/is short-lived. As is well known, the cereal maker and Mars Inc. agreed in August on the takeover of Kellanova by Mars. Now Kellanova will sell its entire stake in BiscoMisr to HSA Group – Hayel Saeed Anam Group + Company – based in Dubai (UAE). Other topics of the week:
- HSA Group: acquires majority stake in Bisco-Misr [UAE] Fri 09-13
- Bühler AG: announces integration of Esau + Hueber [CH] Fri 09-13
- One Rock Capital: Plans Acquisition of Europe Snacks [US] Thu 09-12
- Nothing Bundt Cakes: names Chief Operations Officer [US] Thu 09-12
- BurgerFi: Files for Protection Under Chapter 11 [US] Thu 09-12
- Circus Group SE: appoints VP Process Engineering [DE] Thu 09-12
- Paulig: announces partnership for more sustainable wheat [FI] Wed 09-11
- Papa Johns: Appoints Chief Digital and Technology Officer [US] Wed 09-11
- Bezos Centre for Sustainable Protein Opens at NU Singapore [SG] Tue 09-10
- Japan’s T.Hasegawa acquires Abelei Flavors [JP] Tue 09-10
- Valeo Foods: Announces Acquisition of I.D.C. Holding [UK] Mon 09-09
- AB Foods: announces H2-2024 Trading Update [UK] Mon 09-09
- AB Foods: acquires Australian bakery group [UK] Sat 09-07
- Harry-Brot: becomes official partner of Hamburger SV [DE] Sat 09-07
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