Egyptian tycoon Hani Berzi’s Edita Foods stake surges past $170 million

Key Points

• Berzi’s stake in Edita Food Industries gained $5.75 million as shares rebounded, reversing earlier losses on the Egyptian Exchange.
• Edita’s share price climbed 3.47% in 19 days, boosting its market capitalization and delivering strong shareholder returns.
• The stock’s sustained recovery signals growing optimism, reversing losses from early 2025 and strengthening Berzi’s position in Egypt’s snack food market.

Egyptian business tycoon Hani Berzi has regained millions in his stake in Edita Food Industries after the company’s shares rebounded on the Egyptian Exchange (EGX) over the past 19 days. The recent increase in share price marks a recovery from early February losses.

Berzi, who serves as chairman and managing director, owns a 44.07-percent stake in Edita through Quantum Invest BV, representing 308,527,188 shares. His stake’s market value has climbed by $5.75 million, reversing some of the sharp declines recorded earlier this year.

Investor confidence in Edita appears to be returning, easing previous losses. Between Jan. 23 and Feb. 6, Berzi’s stake had dropped by $6.99 million, falling from EGP8.91 billion ($177.21 million) to EGP8.56 billion ($170.22 million). The latest rebound suggests growing optimism about the company’s outlook.

Edita’s market cap tops $380 million

Edita Food Industries leads Egypt’s expanding packaged snack food market. The company produces and distributes various branded snack items such as cakes, croissants, rusks, and wafers through its broad retail network.

Over the past 19 days, the company’s share price on the Egyptian Exchange (EGX) has climbed 3.47 percent, rising from EGP27.11 ($0.54) on Jan. 23 to EGP28.05 ($0.56). This gain has lifted Edita’s market capitalization beyond $380 million, delivering strong returns to its shareholders.

Hani Berzi’s stake in Edita gains $5.75 million

The recent rebound in Edita’s share price has added EGP290 million ($5.75 million) to the market value of Hani Berzi’s stake, lifting it from EGP8.36 billion ($165.78 million) on Jan. 23 to EGP8.65 billion ($171.52 million). This recovery has strengthened Berzi’s position in Egypt’s snack food industry and reinforced his financial standing.

The stock’s sustained gains have helped Berzi and other shareholders recover losses from earlier in the year, putting them back on a growth path and reaffirming Edita’s influence in Egypt’s expanding snack food market. Since the start of 2025, Edita’s shares have climbed 3.62 percent. A $100,000 investment in the stock at the beginning of the year would now be worth $103,620, reflecting a $3,620 gain at the time of this report.