Juhayna Food Industries is an Egyptian food and beverage company established in 1983. It commenced production of dairy, yogurt, and juice products in April 1987 with an initial capital of EGP 1.3 million. In 2004, Juhayna Dairy was merged into Juhayna Food Industries, consolidating its operations into a single entity specializing in the production of milk, dairy products, and juices.
The company owns five industrial subsidiaries, in addition to entities dedicated to sales and logistics, as well as agricultural and animal production. Juhayna began its formal corporate activities in January 1996. It holds a licensed capital of EGP 5 billion, with a paid-up capital of EGP 706,053,811, distributed over 706,053,811 shares at a nominal value of EGP 1 per share. The company was listed on the stock exchange in May 2010 and is included in the benchmark EGX 30 index.[1]
History
The company was founded in 1983 by the Egyptian engineer Safwan Thabet. Early in its development, it entered into a strategic agreement with the food packaging company Tetra Pak