Pachin has investors' attention in Egypt: sale of stake may help hone competitiveness
Article Abstract:
State-owned Chemical Industries Holding Co. is seeking an outsider to acquire its remaining 38% share of Pachin, a paint producing company. Investors in Egypt are watching Pachin closely as a result. The selling of Pachin shares would enable it to stave off competition. A deal would also give the company the freedom to independently decide how to use its expanding cash supply. Hany El Emary, the chairman and managing director of Egyptian International Investment & Underwriter and the lead manager for the deal, suggested that Chemical Industries will have to show price flexibility if the transaction is to push through.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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EGYPT: DYRUP SIGNS DEAL WITH PACHIN
Article Abstract:
Paint manufacturer, Dyrup has signed a production and distribution agreement with the largest paint manufacturer in Egypt, Pachin. Pachin will produce certain products under licence and distribute a number of imported Dyrup lines. Dyrup also hopes to extend its distribution network into neighbouring countries.
Publication Name: Points de Vente
Subject: Business, international
ISSN: 0150-1844
Year: 2001
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DENMARK: DYRUP TO INVEST IN POLAND
Article Abstract:
Dyrup, the Danish paint and varnish group, is to make a DKr20mn (US$2.4mn) investment in its factory in Lodz, Poland. This move aims to gather and expand the production of varnish in Lodz.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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