In a Private-Equity-to-Private-Equity transaction (a trend which industry observers expect to rise), Citadel Capital and a group of co-investors, have acquired the Nile Company for Food Industries (ENJOY) from Haykala, another Egyptian PE firm.
Haykala originally bought ENJOY, one of Egypt's main manufacturers of dairy and juice products, in 2005 for $16 million. (Their Milk TV commercial looks cool!)
(You can download our directory of investors in the Middle East for a list of investment firms in Middle East like Citadel Capital)
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