Founded in Switzerland in 1908, Toblerone produces about 90% of its product at this site.
The company’s authorized capital will remain unchanged at US$7 million, while the issued capital will double, increasing the number of shares to 1,400,027,312, each with a nominal value of EGP 0.20 (US$0.004).
In a statement, Marilan emphasized that the deal reinforces its growth strategy.
On January 31, National Foods officially delisted from the VFEX, a move the company initially announced in November 2024.
This facility is responsible for cleaning, polishing, sorting, and color grading a variety of specialty grains, primarily quinoa.