Table of Contents
Key Points
- Hani Berzi’s stake in Edita surged $31.59 million in 37 days, reversing earlier losses amid strong snack food market demand.
- Edita shares have jumped 38.8% since July 1, lifting its market value above $500 million and boosting investor returns.
- A $100,000 investment in Edita on Jan. 1 is now worth $131,410, driven by rising demand for packaged foods in Egypt and North Africa.
Egyptian businessman Hani Berzi, who built his fortune in the packaged food industry, has seen a sharp rebound in his wealth. The market value of his controlling stake in Edita Food Industries has risen by more than EGP1.53 billion ($31.59 million) in just 37 days, reversing earlier losses and underscoring the company’s strong position in the region’s growing snack food market.
Berzi, chairman and managing director of Edita, owns 44.07 percent of the company through Quantum Invest BV, equal to 308.5 million shares. His stake, valued at EGP3.95 billion ($81.41 million) on July 1, is now worth EGP5.49 billion ($113 million), according to EGX data.
Edita shares jump on strong outlook
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.
The company’s shares have risen 38.8% since July 1, climbing from EGP12.81 ($0.26) to EGP17.78 ($0.37), lifting its market value above $500 million. The gain has strengthened returns for shareholders and reflected confidence in Egypt’s packaged food sector.
Rising demand for low-cost snack products in Egypt and North Africa has supported Edita’s performance. Its second-quarter results and improved outlook have driven renewed investor interest, pushing the stock higher in recent weeks.
Edita jumps 31 percent, Berzi’s fortune grows
Edita Food Industries’ share price has gained 31.41 percent since the start of 2025, making it one of the top performers on the Egyptian Exchange. A $100,000 investment in the stock on Jan. 1 would now be worth $131,410.
The rally has boosted Hani Berzi’s net worth, reinforcing his position among Egypt’s leading figures in the fast-moving consumer goods sector. Rising demand for packaged foods, driven by population growth, has supported the company’s long-term strategy and returns.
