Spinneys

INVESTMENT YEAR: 2019 - Current

BUSINESS DESCRIPTION:
Grocery Supermarkets
INVESTMENT PARTNERS:
Ninety One, Management
FUND:
ENTERPRISE VALUE
Not disclosed
INVESTMENT TEAM
Overview

Spinneys is an established grocery retailer in Egypt with 16 stores (3 hypermarkets and 13 supermarkets)
targeting mid-to upper income consumer segments. Head quartered in Cairo, but with stores in multiple cities.