• Ezdehar Management acquires a majority stake in Egypt’s Kemet, a pretzel and savory snack maker with global market reach.
  Kemet, founded in 1998, produces Pretzo, Mixy, and Munchos, exporting snacks to Africa, Europe, Middle East, and Australia.
• Backed by Ezdehar, Kemet plans to expand beyond pretzels, boost production, and accelerate international growth in healthy snack categories.
  

Ezdehar

Ezdehar Management acquired a majority stake in Kemet for Natural Food S.A.E (Kemet) through Ezdehar Mid-Cap Fund II.

“We’re looking forward to being part of the next stage of the company’s journey, working closely with the founders and management team. We have full confidence in their ability to drive growth and achieve their ambitious plans through continued product development and innovation,” said Amir Mishriky Managing Director at Ezdehar

Acquisition 

Founded in 1998, Kemet is an Egyptian manufacturer of pretzel and savory snack products. Its portfolio includes Pretzo,Mixy, and Munchos which are prominent pretzel brands. Furthermore, the snack company exports to markets across Africa, Europe, Middle East and Australia. 

Meanwhile, Ezdehar Management is a private equity firm focused on investing in high-growth companies and supporting their transformation into market leaders.

Ezdehar Mid-Cap Fund II is backed by the European Bank for Reconstruction and Development (EBRD), and  the European Investment Bank (EIB). Additionally, the British International Investment (BII), the Dutch Entrepreneurial Development Bank (FMO), and  the International Finance Corporation (IFC). It also has the backing of the Egyptian American Enterprise Fund, and the Belgian Investment Company for Developing Countries. 

With this acquisition, Kemet aims to expand its product portfolio beyond pretzels into a broader range of healthy and savory snacks. It also aims to scale up production capabilities to meet increasing global demand. In addition, it aims to accelerate international expansion with enhanced distribution and brand presence. 

“With Ezdehar’s backing, we’re ready to accelerate innovation and expand our global footprint. Together, we’re building the future of healthy snacking,” said Dr Mahmoud Hosny, CEO of Kemet.