Zulficar & Partners is proud to have advised Camel Flour Mills (“CFM”) (member of AlMoatabar Group) in its acquisition of a majority stake in Five Stars group of companies (“Five Stars”) – comprising Five Stars Flour Mills & Five Stars Feed & Animal Produce. Five Stars is a well-established player in Egypt’s flour milling sector, known for its flour products quality.. The acquisition complements CFM’s existing operations and supports the continued development of its activities in Egypt.
We would like to extend our congratulations to CFM and Five Stars and wish them continuous success.
Zulficar & Partners team was led by Dr. Ingy Badawy (Founding Partner and Head of Corporate and M&A Group) and Anwar Zeidan (Founding Partner and Head of Capital Market and Procedures Group) and also included Mona Zulficar (Founding Partner and Chair of Executive Committee) who has provided her support in the negotiation with major banks to successfully complete a significant debt restructuring and settlement Mariam El Masry (Partner) .
The transaction’s advisory team also included Ripples Impact as financial advisors, Moore Egypt as tax advisors and EFG Hermes – Brokerage.
