Gadwa Industrial Development acquired 39.9% stake in The Arab Dairy Products Co. (CASE:ADPC) for approximately EGP 740 million on October 6, 2021. As per the transaction, Gadwa Industrial Development acquired 68.82 million shares at EGP 11.53 per share.

Gadwa Industrial Development completed the acquisition of 39.9% stake in The Arab Dairy Products Co. (CASE:ADPC) on October 6, 2021