Cairo, Egypt: Raya Holding for Financial Investments announced that its Board of Directors has granted preliminary approval for the sale of 100% of the total share capital of Raya Foods, a portfolio company of Raya Holding, and resolved to convene an Extraordinary General Assembly to consider the transaction. Final approval by the Board of Directors will be granted following the receipt of an independent financial advisor’s fair value report on Raya Foods’ share capital and its approval by the Company’s auditor, reflecting the Group’s disciplined and structured approach to portfolio management as a publicly listed investment company.
During Raya Holding’s ownership, Raya Foods achieved significant operational and market milestones, establishing itself as one of the leading exporters of frozen fruits. The company became the number one exporter of frozen strawberries, reaching more than 50 markets globally, reflecting the strength of its platform, and growth trajectory.
For more than 26 years, Raya Holding has operated as an active investment company with a proven model centered on building, scaling, and, when appropriate, exiting businesses to optimize value creation and capital allocation.Within this framework, Raya Holding continues to focus on businesses where it holds strong leadership positions and scalable platforms, while maintaining a dynamic and diversified investment portfolio.
Over the years, Raya Holding has successfully executed a number of exits through strategic sales and public market transactions, including e-Finance, Fawry, Raya Telecom, Rameda, and Bariq. These transactions underscore the Group’s ability to create value across market cycles and responsibly redeploy capital into high-growth opportunities aligned with its long-term strategy.
Raya Holding remains committed to transparency, sound governance, and sustainable value creation for its shareholders, while continuing to assess portfolio decisions through a disciplined, long-term investment lens.
Send us your press releases to pressrelease.zawya@lseg.comDisclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.