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 has been a market leader in Egypt, specializing in the production of high-end flour brands. The acquisition of Five Stars complements CFM’s platform and cements its position at the helm of the Flour milling segment in Egypt.
We would like to extend our congratulations to CFM and Five Stars and wish them continuous success in building one of Egypt’s largest industrial groups.
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.
