File Photo: Raya logo seen outside the company. Photo courtesy of Raya webiste.
The Board has resolved to convene an Extraordinary General Assembly to further discuss the transaction. Final approval will be contingent upon receiving a fair value report from an independent financial advisor and the subsequent approval of the company’s auditor, reflecting Raya Holding’s structured approach to portfolio management as a publicly listed investment entity.
According to Raya’s disclosure to the Egyptian Exchange, Helios Investment Partners will totally buy the company.
Founded in 2004, Helios is the largest Africa-focused private investment firm, managing funds totalling $3 billion.
Under Raya Holding's ownership, Raya Foods has achieved significant operational and market milestones, establishing itself as one of the leading exporters of frozen fruits. The company has notably become the top exporter of frozen strawberries, reaching over 50 markets worldwide, highlighting its robust growth trajectory.
With over 26 years of experience, Raya Holding has developed an investment model that emphasizes building, scaling, and strategically exiting businesses to optimize value creation and capital allocation. The firm continues to focus on sectors where it maintains strong leadership positions and scalable platforms, ensuring a dynamic and diversified investment portfolio.
Raya Holding has successfully executed multiple exits through strategic sales and public market transactions, including notable exits with e-Finance, Fawry, Raya Telecom, Rameda, and Bariq. These transactions demonstrate the Group’s capability to generate value across market cycles and responsibly redeploy capital into high-growth opportunities aligned with its long-term strategy.
The Egyptian M&A market is poised for continued evolution in 2025, with increased foreign investment are expected supported by the stabilisation of the exchange rate and ongoing economic reforms, the authors anticipate a surge in cross-border transactions, particularly from Gulf-based investors and international private equity firms, according to the International Financial Law Review (IFLR).
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