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.

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Edita Food Industries announced strong financial results for the fiscal year ending December 31, 2025, with revenues at EGP 20.9 billion, up 29.5% year-on-year, and net profit at EGP 2.4 billion, surging 72.6%. Strong demand and improved margins drove the performance, particularly in the fourth quarter.

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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.

Following his recent meeting with export councils, Prime Minister Mostafa Madbouly projected Egypt's non-oil exports to reach $48-50 billion by year-end—a 20% rise from 2024—while confirming the $145 billion total exports target by 2030 is achievable amid the lowest trade deficit in a decade.

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Following her recent conference speech on reforms, Dr. Rania Al-Mashat, Egypt's Minister of Planning, Economic Development and International Cooperation, briefed newly appointed military attachés on the 2026 economic strategy, highlighting private sector-led growth, green energy, and over 5% GDP growth amid ongoing structural changes.

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