Middle East Glass Manufacturing Company S.A.E. (MEGM.CA)

Also known as:  MEG

Acquisition helps MEG expand capacity and consolidate its position as Egypt's largest container glass manufacturing company for the food and beverage sector

Abu Dhabi - Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, announced today that one of its portfolio companies, Middle East Glass ("MEG") has acquired 100% of Misr Glass Manufacturing ("MGM"), which is specialised in the manufacturing and marketing of container glass for the food and beverage industry. This acquisition creates the largest glass

Press Release - 17-Feb-2016

MEG Misr for Glass, a fully owned Subsidiary of Middle East Glass Manufacturing Company, Acquires Misr Glass Manufacturing Company

Cairo, Egypt: HC Securities & Investment (www.hc-si.com) is pleased to announce it has successfully acted as the exclusive financial advisor to MEG Misr for Glass S.A.E., a fully owned subsidiary of Middle East Glass Manufacturing Company ("MEG") (MEGM.CA) (www.megglass.com) on the acquisition of 100% of the share capital of Misr Glass Manufacturing Company S.A.E. (www.mgm-eg.com); a company

Press Release - 20-Jan-2016

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Peers

StocksLast Price% Change
MISR FRETILIZERS104.000 EGP0.328
INTL AGRI PROD2.870 EGP-6.209
ACROW MISR26.110 EGP-18.253
ABU QIR FRT&CHM22.200 EGP1.975
CERAMICS&PORCL3.550 EGP-7.552
ARAB ALUMINIUM32.990 EGP-8.716
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