skip to content

You are here:

Commercial Due Diligence

Omar Effendi Stores (Egypt)

Client:
IFC (International Finance Corporation, Washington, USA)

Reporting level:

Investment Committee

Task:

The privatised chain of 82 Omar Effendi stores in Egypt was acquired by a Saudi private investor. IFC were invited to support the store and brand re-generation programme with a total facility of some $40 million.

What we did:

  • Site visits and management interviews
  • Analysis of proposed business plan in light of our experience of Middle East consumers and markets.

Result:

IFC have funded the development and additionally taken an equity stake in the business.


Contact

Did you know?

Women in the UK own an average of twenty pairs of shoes each, nearly £400 of which they never or rarely wear.

The findings showed that of those twenty pairs of shoes, eleven pairs are never or rarely worn.