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Thursday, 15 March 2018

Edita signs agreement with Dislog for Morocco venture

Packaged snack food producer Edita announced signing a partnership agreement with Morocco’s Dislog Group, according to a company disclosure. The agreement follows an MoU signed between the two companies in December. According to the agreement, Edita and Dislog will start a snack food factory in Morocco under a greenfield investment. Our friend Hani Berzi, Edita’s chairman and CEO, had said in December that “commercial operations will begin in early 2018 with exports of Edita’s products to Morocco, while the second stage will entail the establishment of a state-of-the-art manufacturing facility in 2019 with an initial investment estimated at around USD 10 mn.”

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