El Sewedy Cement lifts Qalaa Holdings stake to 3.10% with EGP 98.9M buy

What's the deal? El Sewedy Cement CompanyDealroom has a profile for this one. Try Dealroom → raised its stake in Egypt's Qalaa HoldingsDealroom has a profile for this one. Try Dealroom → to 3.10% from 2.747%, according to a bourse filing. It bought 15 million shares for EGP 98.870 million, at an average price of EGP 6.590 per share.

Why now? The purchase follows a difficult year for Qalaa. In 2025, it posted a consolidated net loss after minority interests of EGP 1.2 billion.

What could go wrong? Qalaa's shareholders recently approved the company's continuation despite the losses, which exceeded half of shareholders' equity, per its 2025 financial statements. That backdrop makes the added exposure a bet on recovery.

What's the endgame? Qalaa Holdings is an Egypt-based private equity investor managing a portfolio across energy, cement manufacturing, mining, and metallurgy. For El Sewedy, a cement manufacturer, the deal deepens ties to a firm active in its own sector.

The signal: The step-up shows an industrial buyer willing to expand its position in a loss-making holding company, suggesting confidence in the underlying assets over the near-term financial picture.

Read more: zawya.com

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