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PepsiCo/Almarai JV buys Egyptian dairy companyInternational Dairy and Juice Limited (IDJ), a joint venture between PepsiCo and Almarai, announced that it has acquired Egypt's International Company for Agro-Industrial Projects (Beyti). Beyti, founded in 2005, is a well recognised b More… |
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Almarai in $115m deal to buy Egyptian firmSaudi-based Almarai said it has agreed to buy Egyptian firm Beyti for $115 million, allowing a new joint venture with Pepsico to set foot in the Arab world's most populous nation. Almarai agreed on Thursday to buy 100 per cent of Beyti, al More… |
