Egyptian businessman Hani Berzi, who built his fortune in the packaged food sector, has added 8.35 million in market value over the past 40 days from his controlling stake in Edita Food Industries, amid continued investor interest in one of Egypts most recognized snack producers.
Berzis Edita stake rises 8.35 million
Berzi, chairman and managing director of Edita, holds a 44.07 percent stake in the company through Quantum Invest BV, amounting to roughly 308.5 million shares. Over the past 40 days, the market value of his holdings has increased from EGP6.79 billion 142.32 million to EGP7.19 billion 150.67 million, adding EGP398 million 8.35 million to his fortune.