The Economic Concentration Review Committee at the Egyptian Competition Authority (ECA) has approved a series of significant mergers and acquisitions across multiple sectors. These deals involve international players in engineering consulting, automotive, and energy industries.
The Egyptian Competition Authority announced on January 18, 2026, its approval of five major mergers and acquisitions, reflecting growing investment activity in markets linked to Egypt.
In the engineering consulting sector, Dar Al-Handasah Consultants (Shair and Partners) will acquire 100% of the shares in John Wood Group. In production, the SPEBEF 3 Fund, Proparco, the European Bank for Reconstruction and Development, and the Belgian Investment Company for Developing Countries have been authorized to acquire 71.64% of the shares in Idal Production Cyprus Ltd.
For the automotive sector, AIBL will gain full ownership of Mitsubishi Fuso Truck and Bus Corporation, while Daimler Truck AG is set to acquire between 26.7% and 44.3% of the voting rights in AIBL.
In energy, EDF Power Solutions has been granted control over the joint venture Compagnie Générale de Hydroélectricité de Volub, in partnership with Africa 50 – PD and Nia Volub.
These approvals highlight ongoing consolidation and strategic investments in key industries, underscoring the increasing interest from both international and regional investors in Egypt and its associated markets.