M.O. Group plans IPO for 10-20% of shares amid 2026 expansion

M.O. Group has unveiled an ambitious expansion strategy for 2026, aiming to double its export value to $12 million, boost production capacity by 50%, and grow its international presence from 45 to 80 countries. The plan includes entering new product segments like biscuits and chocolate, alongside preparations for an IPO in the second half of 2026.

M.O. Group, a specialist in dry confectionery, has announced major expansion plans for 2026. According to the announcement, the company aims to increase the share of exports in total production to 80%, up from the current 40%, with a focus on markets in Europe, the Americas, and Latin America. This is attributed to Egypt's strategic location as an international trade hub, giving the company a competitive edge in pricing and quality over rivals from China and other Asian countries.

Hamdy Elabrak, Chairperson of M.O. Group, stated: "We are preparing for an IPO, which will involve offering 10% to 20% of our shares, expected in the second half of 2026," following the company's transition from a partnership structure to a joint-stock company.

Investments exceed $10 million in new production lines for biscuits and chocolate, targeting a capacity of 20 tons per day by mid-2026. All machinery will be of European origin, supporting a 50% increase in overall business volume and sales.

Hassan Hefnawy, CEO of the group, added: "The company currently holds more than 18% of the Egyptian dry confectionery market and expects domestic sales to grow by at least 50% next year." The company also plans to launch new products to broaden its local and international customer base.

This strategy enhances production capabilities, market diversification, and domestic and international presence, strengthening M.O. Group's position in the global confectionery sector.

Makala yanayohusiana

Bel Group has announced a nearly €150 million investment in its Egyptian operations to boost production and modernize facilities. After more than 28 years in the market, the company aims to solidify Egypt's role as a regional export hub. This move supports healthier food options and sustainable practices.

Imeripotiwa na AI

Deli Group, one of the world's largest companies in office supplies and stationery, has laid the foundation stone for its new factory in Egypt's 10th of Ramadan City during a high-level ceremony. This investment supports the company's strategy to expand global manufacturing and deepen regional presence, aligning with Egypt's efforts to localize industry and boost exports. The facility is expected to create jobs and strengthen regional supply chains.

Prime Minister Mostafa Madbouly urged business leaders to double their investments in Egypt, citing the country's lowest trade deficit in a decade and record non-oil exports as signs of a promising economic climate. Speaking at a meeting with export council heads and Investment Minister Hassan El-Khatib, Madbouly called on local and foreign investors to seize current opportunities.

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Building on recent announcements at investor forums, Egypt's Investment Minister Hassan El-Khatib told a Moody's Ratings delegation that the country aims to double annual foreign direct investment to $24 billion through structural reforms in economic, monetary, and fiscal policies.

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