Orascom Construction’s unit exits from Drymix for EGP 785.3M

Updated 6/26/2023 10:55:00 AM
Orascom Construction’s unit exits from Drymix for EGP 785.3M

Arab Finance: United Holding Company, a subsidiary of Orascom Construction Plc, has sold its 100% stake in United Paints and Chemicals (Drymix) to French Saint-Gobain Glass in an EGP 785.3 million deal, Al Mal News reported.

Established in 1997, Drymix is a producer of cement-based ready mixed mortars, serving the construction industry in Egypt, Africa, and the Middle East.

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