The Clap
Al Marai intends to expand its operations in Egypt.
The Deets
Al Marai is looking to expand its business into new areas through the acquisition of Cairo Poultry.
While no official offer has been made yet, Al Marai has made their intention of acquiring a majority stake in a poultry company to expand into the industry.
How do they plan on expanding?
Al Marai has made it clear that they do not intend to build their own factory in Egypt. They are looking to expand through acquisition in order to speed up the process of getting into the market. This acquisition will allow them to have a market presence almost immediately.
Al Marai to get into poultry? 🐔
