Egyptian businessman Hani Berzi has seen the value of his stake in Edita Food Industries rise by 4.7 million since the start of the year, as renewed investor interest lifts shares of one of Egypts best-known snack makers amid expectations of better-than-expected full-year results.
Berzi, who founded Edita and serves as its chairman and managing director, controls a 45.07 percent stake in the company through Quantum Invest BV. The holding represents roughly 313.5 million shares, making him the largest shareholder in the Cairo-listed food group.
In recent times, Berzis stake has increased from EGP8.7 billion 183.3 million to EGP8.9 billion 188.1 million, reflecting a gain of EGP227 million, according to market data.
