Portfolio company
Rashidi El Mizan |  |
|---|
Business sector | Consumer |
Country of operation | Egypt |
Market | Africa |
Investment status | Realised portfolio |
Investment type | Buyout capital |
Date of original investment | 2002 |
Date of exit | 2007 |
Exit method | Trade sale |
Office | Cairo, Egypt |
The acquisition of Rashidi El Mizan (REM) by Actis and the management team was the first management buyout in Egypt. REM is Egypt's leading producer of halawa and tahina, two staple food products made from sesame seed. The REM brand has a heritage of over 100 years.