1st of July, 2025
Kellonova sale of 99.9% of The Egyption Company for Foods, “Bisco Misr”, a leading player in the food sector, to HAS Group
Keywords: Competition, M&A
Sharkawy & Sarhan is thrilled to act as Egyptian Legal Counsel to Kellonova on its sale of 99.9% of The Egyption Company for Foods, “Bisco Misr”, a leading player in the food sector, to HAS Group.
Our M&A team, led by Partner Mohamed Nabil Hazzaa, with the support of Senior Associate Nourhan El Sarky provided end-to-end advisory services, navigating complex negotiations.
The span of the transaction took more than a year. The transaction was subject to the approval of multiple Egyptian regulators – including the FRA and the ECA – setting a landmark milestone in Egypt for the sale of food manufacturing company.
In parallel, our competition and antitrust team, Led by Partner Heba Anwar Raslan; with the support of Associate Ahmed Jamal, Attorney at Law Menna Mancy and Associate, Farahnaz Abdelbary, played a pivotal role in ensuring regulatory compliance by advising Kellanova on all Egyptian and regional merger control and Egyptian antitrust matters.
This transaction showcases our integrated approach in handling both commercial and regulatory aspects of cross-border mergers and acquisitions, supporting clients in unlocking new growth opportunities.
Congratulations to all teams involved and to Kellonova on this transformational deal!
Sharkawy & Sarhan is thrilled to act as Egyptian Legal Counsel to Kellonova on its sale of 99.9% of The Egyption Company for Foods, “Bisco Misr”, a leading player in the food sector, to HAS Group.
Our M&A team, led by Partner Mohamed Nabil Hazzaa, with the support of Senior Associate Nourhan El Sarky provided end-to-end advisory services, navigating complex negotiations.
The span of the transaction took more than a year. The transaction was subject to the approval of multiple Egyptian regulators – including the FRA and the ECA – setting a landmark milestone in Egypt for the sale of food manufacturing company.
In parallel, our competition and antitrust team, Led by Partner Heba Anwar Raslan; with the support of Associate Ahmed Jamal, Attorney at Law Menna Mancy and Associate, Farahnaz Abdelbary, played a pivotal role in ensuring regulatory compliance by advising Kellanova on all Egyptian and regional merger control and Egyptian antitrust matters.
This transaction showcases our integrated approach in handling both commercial and regulatory aspects of cross-border mergers and acquisitions, supporting clients in unlocking new growth opportunities.
Congratulations to all teams involved and to Kellonova on this transformational deal!
Kellonova sale of 99.9% of The Egyption Company for Foods, “Bisco Misr”, a leading player in the food sector, to HAS Group
1st of July, 2025
Keywords: Retail & Consumer Goods, Mergers & Acquisitions
Sharkawy & Sarhan is thrilled to act as Egyptian Legal Counsel to Kellonova on its sale of 99.9% of The Egyption Company for Foods, “Bisco Misr”, a leading player in the food sector, to HAS Group.
Our M&A team, led by Partner Mohamed Nabil Hazzaa, with the support of Senior Associate Nourhan El Sarky provided end-to-end advisory services, navigating complex negotiations.
The span of the transaction took more than a year. The transaction was subject to the approval of multiple Egyptian regulators – including the FRA and the ECA – setting a landmark milestone in Egypt for the sale of food manufacturing company.
In parallel, our competition and antitrust team, Led by Partner Heba Anwar Raslan; with the support of Associate Ahmed Jamal, Attorney at Law Menna Mancy and Associate, Farahnaz Abdelbary, played a pivotal role in ensuring regulatory compliance by advising Kellanova on all Egyptian and regional merger control and Egyptian antitrust matters.
This transaction showcases our integrated approach in handling both commercial and regulatory aspects of cross-border mergers and acquisitions, supporting clients in unlocking new growth opportunities.
Congratulations to all teams involved and to Kellonova on this transformational deal!
Sharkawy & Sarhan is thrilled to act as Egyptian Legal Counsel to Kellonova on its sale of 99.9% of The Egyption Company for Foods, “Bisco Misr”, a leading player in the food sector, to HAS Group.
Our M&A team, led by Partner Mohamed Nabil Hazzaa, with the support of Senior Associate Nourhan El Sarky provided end-to-end advisory services, navigating complex negotiations.
The span of the transaction took more than a year. The transaction was subject to the approval of multiple Egyptian regulators – including the FRA and the ECA – setting a landmark milestone in Egypt for the sale of food manufacturing company.
In parallel, our competition and antitrust team, Led by Partner Heba Anwar Raslan; with the support of Associate Ahmed Jamal, Attorney at Law Menna Mancy and Associate, Farahnaz Abdelbary, played a pivotal role in ensuring regulatory compliance by advising Kellanova on all Egyptian and regional merger control and Egyptian antitrust matters.
This transaction showcases our integrated approach in handling both commercial and regulatory aspects of cross-border mergers and acquisitions, supporting clients in unlocking new growth opportunities.
Congratulations to all teams involved and to Kellonova on this transformational deal!
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