ADI Investment sold its 13.34% in Arab Valves capital at an average price of EGP 1.30 per each, with a total amount of EGP 13 million.
Arab Valves is an Egypt-based public shareholding company engaged in designing and manufacturing brass valves and fittings. The company’s product portfolio includes several types of valves, tabs, blenders, and fittings in different sizes and applications. It also produces a range of ores, which are used in a number of industrial applications.