Raya Holding Grants Preliminary Approval to Sell 100% of Raya Foods as Part of Portfolio Strategy
Raya Holding for Financial Investments announced that its Board of Directors has granted preliminary approval for the sale of 100% of the total share capital of Raya Foods, a portfolio company of the Group, and resolved to convene an Extraordinary General Assembly to consider the transaction.
The Company clarified that final Board approval will be issued following the receipt of an independent financial advisor’s fair value report on Raya Foods’ share capital and its approval by the Company’s auditor, reflecting Raya Holding’s disciplined and structured approach to portfolio management as a publicly listed investment company.
During Raya Holding’s ownership, Raya Foods achieved significant operational and market milestones, establishing itself as one of the leading exporters of frozen fruits. The company became the number one exporter of frozen strawberries, reaching more than 50 markets globally, highlighting the strength of its platform and growth trajectory.
For more than 26 years, Raya Holding has operated as an active investment company, following a proven model focused on building, scaling, and, when appropriate, exiting businesses to optimize value creation and capital allocation.
Within this framework, the Group continues to prioritize businesses with strong leadership positions and scalable platforms, while maintaining a dynamic and diversified investment portfolio.
Over the years, Raya Holding has successfully executed a number of strategic exits through both strategic sales and public market transactions, including e-Finance, Fawry, Raya Telecom, Rameda, and Bariq, underscoring its ability to create value across market cycles and redeploy capital responsibly into high-growth opportunities aligned with its long-term strategy.
Raya Holding remains committed to transparency, sound governance, and sustainable value creation for shareholders, while continuing to assess portfolio decisions through a disciplined, long-term investment lens.
