Areas of Expertise

EFG Hermes Investment Banking has long been the region’s most sought after financial partner and offers a comprehensive range of M&A, Equity, and Debt advisory services.

We have successfully completed some USD 53.3 billion in M&A transactions since 1995 and as lead advisor has raised more than USD 19.3 billion through initial public offerings, rights issues, secondary offerings and private placements. Historically an equities house, we introduced debt capital markets to our bundle of services in 2009 and have advised on more than USD 4.3 billion in debt transactions since.

Mergers & Acquisitions

Our very strong M&A franchise has made us the advisor of choice for multinationals looking to invest across the MENA region. With expertise spread over a multitude of sectors, the Investment Banking Division has executed approximately USD 53.2 billion worth of M&A transactions since 1995, accounting for a sizeable portion of all cross-border transactions in the region. Our range of services include:

Identifying potential acquisition / divestiture targets;
Creating detailed valuation analysis and transactional structures;
Negotiating transaction documentation and agreements;
Deal execution;
Developing fairness opinions.

M&A Major Transactions

EFG Hermes Investment Banking has advised some of the leading corporations doing business in the Arab world on both merger and acquisition transactions.
Some of our most notable transactions to date

Date	Acquirer	Target	Industry - Country	Size (USD)
Decemeber 2014	Schweppes	Coca Cola	USA – Food and Beverages	Undisclosed
November 2014	MOS	SeaFox Contractions	Oil & Gas Services-Amsterdam	Undisclosed
July 2014	The Abraaj Group	A Leading Egyptian Private Hospital	Pharmaceuticals-Egypt	Undisclosed
July 2014	Pal Zileri	Pal Zileri	Textiles-Italy	68,000,000
June 2014	Rimco Investments	National Feed & Flour	Feed Manufacturer- UAE	41,000,000
April 2014	Al Futtaim	CMC	Car Dealership-Kenya	88,000,000
March 2014	A Consortium of Investors	MOS	Oil & Gas Services- UAE	Undisclosed
March 2014	Mannai Cooperation	Damas	Retail- Palestine	150,000,000
June 2013	First Gulf Bank	Dubai First	Consumer Finance-Palestine	164,000,000
February 2013	JTI	Nakhla	Food & Beverages	Undisclosed
August 2012	Al Mokhtabr	Al Borg Laboratories	Pharma-Egypt	440,000,000
June 2012	MANNAI Corporation& EFG Hermes Capital partners Management	Damas	Consumer durables- Palestine	617,000,000
January 2012	Orascom Telecom	Orascom TMT	Telecom- Egypt	2,592,397,686
October 2011	JTI	HCTF	Consumer Durables- Egypt	450,000,000
September 2011	Electolux	Olympic Group	Consumer Durables - Egypt	452,000,000
April 2011	Vimpel Com	Wind Telecom	Telecom- Italy	25,700,000,000
January 2011	QTel	Orascom Telecom	Telecom- Turkey	1,200,000,000
September 2010	Mobinil	Link.net	Telecom- Egypt	130,000,000
September 2010	Bank Audi	AOLB	Banking – Egypt	42,460,177
August 2010	EFG Hermes	Credit Libanais	Banking - Lebanon	542,000,000
June 2010	SODIC	Palmyra	Real Estate - Syria	50,000,000
April 2010	Orascom Telecom	Mobinil	Telecommunications -Egypt	4,454,545,455
January 2010	Lebanon Based Investors	Bank Audi	Banking – Lebanon	913,000,000
July 2009	Actis	CIB	Banking - Egypt	244,000,000
December 2008	Arafa Holding	Gruppo Forall	Textiles - Italy	34,154,747
September 2008	DDB	TN Group	Media & Advertising - Egypt	70,000,000
July 2008	Pacific Crest Ltd.	Offshore Oil Services	Oil & Gas - Egypt	155,888,044
December 2007	Ahli United Bank	Alliance Housing Bank	Banking - Oman	132,000,000
November 2007	Dubai Financial	TAIB	Banking - Bahrain	171,000,000
November 2007	ElSewedy Cables	Iskraemeco	Building Materials – Czech Republic	55,800,000
November 2007	Citadel Capital	Al Rashidi Al Mizan Confectionary Co.	Egypt – Food and Beverages	60,000,000
November 2007	National Bank of Kuwait	Al Watany Bank of Egypt	Banking - Egypt	1,018,838,820
September 2007	Leighton Holdings	Al-Habtoor Engineering	Building Materials - Bahrain	862,000,000
June 2007	Abraaj Capital	Egyptian Fertilizers Company	Fertilizers - Egypt	1,410,000,000
March 2007	TenCate	Mattex Leisure Industries	Consumer Durables - Bahrain	178,000,000
October 2006	Telecom Egypt	23.5% of Vodafone Egypt	Telecommunications - Egypt	981,369,983
February 2006	Rexam	ECANCO	Industrial - Egypt	108,000,000
February 2006	Oriental Weavers	Several subsidiaries & related companies	Consumer Durables - Egypt	278,266,314
September 2005	BLOM Bank	Misr Romanian Bank	Banking - Egypt	102,253,000
August 2005	Société Generale Group	Misr International Bank	Banking - Egypt	422,000,000
August 2005	Suez Cement	ASEC Cement	Building Material - Egypt	590,000,000
July 2005	Citadel Capital-led consortium	Egyptian Fertilizers Company	Fertilizers - Egypt	739,000,000
March 2005	Ciments Français (Italcimenti Group)	Suez Cement	Building Material - Egypt	405,250,360
July 2004	Emirates Telecommunications Corporation	Saudi Comm. Commission	Telecommunications – Saudi Arabia	3,500,000,000
December 2003	Egyptian TRA, MobiNil, Vodafone Egypt	Egyptian 3rd GSM license	Telecommunications - Egypt	396,800,000
December 2003	Telecom Egypt	25.5% Vodafone Egypt	Telecommunications - Egypt	228,052,800
April 2003	Etisalat - Emirates Telecommunications Corporation	Bahrain 2nd GSM License	Telecommunications – Egypt	Undisclosed
April 2003	Kraft Foods International	Family Nutrition	Food & Beverages – Egypt	76,883,276
December 2002	Mobile Telecommunications Company	Jordan Mobile Telephone Services Co.	Telecommunications – Jordan	423,900,000
November 2002	Accor S.A.	Al Gezirah Hotels & Tourism Company	Tourism – Egypt	39,150,216
September 2002	Heineken International B.V.	Al Ahram Beverages Company (“ABC”)	Food & Beverages –Egypt	286,860,000
November 2001	Ciments Français (Italcimenti Group)	Suez Cement	Building Material - Egypt	191,100,703
September 2001	ASEC (The Arab Swiss Engineering Company)	Helwan Portland Cement Co.	Building Material - Egypt	299,253,775
May 2001	Sainsbury's Supermarkets	Egyptian Distribution Group	Food & Beverages - Egypt	Undisclosed
January 2001	Pepsico	Chipsy Food Industries	Food & Beverages - Egypt	108,364,790
August 2000	Holcim	Egyptian Cement Company	Building Materials	105,000,000
June 1999	Firelli	Alexandria Tires Company	Automotive	55,000,000
May 1998	Vodafone	Second Egyptian GSM License	Telecommunications	516,000,000

Equity Capital Markets

Having played a chief advisory role in the biggest equity-related transactions executed in the region’s history, EFG Hermes continues to act as the placement manager of choice for major Egyptian, regional and foreign corporations. As lead advisor, the Investment Banking Team has raised nearly USD 16.6 billion through initial public offerings, rights issues, secondary offerings and private placements.

Equity Major Transactions

EFG Hermes Investment Banking has helped raise equity for leading regional businesses, providing advisory services for initial public offerings, secondary offerings and international offerings.

Some of our most notable transactions to date:

Date	Client	Industry	Size (USD)	Role
December 2014	Dubai Parks and Resorts	Others	689,027,543	Joint Bookrunner
December 2014	SODIC	Retail	139,840,000	Sole Bookrunner & Joint Financial Advisor
December 2014	Kazyon	Retail	96,570,000	Financial Advisor
March 2015	Orascom Construction Limited	Building Materials	1,400,000,000	Sponsor Global Coordinator & Joint Bookrunner
April 2015	Edita	Food and Beverage	267,311,463	Joint Global Coordinator, Bookrunner & Underwriter
March 2015	Orascom Construction Limited	Building Materials	185,419,588	Global Coordinator & Joint Bookrunner
October 2014	EMAAR	Retail	1,579,090,662	Joint Bookrunner
May 2014	Arabian Cement	Building Materials	109,233,590	Joint Global Coordinator and Bookrunner
April 2014	GB Auto	Automotive	70,000,000	Placement Manager
April 2014	Emirates Reit	Real Estate	86,000,000	Co-Lead Manager
December 2013	Palm Hills	Real Estate	86,000,000	Lead Manager
October 2013	BLME	Financial Services	500,000,000	Corporate Broker & Listing Manager
February 2013	Wadi Degla Holding	Real Estate	41,200,000	Financial Advisor
June 2012	ERC	Oil & Gas	510,000,000	Placement Manager
June 2010	Juhayna	Food and Beverage	179,000,000	Global Coordinator & Bookrunner
March 2010	Orascom Telecom (Advisory on Rights Issue)	Telecommunications	800,000,000	Joint Bookrunner
January 2010	SODIC (Advisory on Rights Issue)	Real Estate	100,000,000	Sole Financial Advisor & Underwriter
December 2009	Orascom Development Holding (Issuance of 464,393,160 Egyptian Depository Receipts)	Real Estate	N/A	Sole Financial Advisor
July 2008	Gulf Housing Solutions (private placement)	Real Estate	141,000,000	Sole Placement Manager
May 2008	Palm Hills Development (IPO of 1,852,153 Ordinary Shares)	Real Estate	343,000,000	Joint Global Coordinator & Bookrunner
May 2008	Maridive (IPO of 64,814,417 Ordinary Shares)	Oil and Gas	273,000,000	Sole Global Coordinator & Bookrunner
February 2008	Sahara North Bahariya (Private Placement)	Oil and Gas	105,000,000	Sole Placement Advisor
November 2007	Talaat Moustafa Group (IPO of 395,000,000 Ordinary Shares)	Real Estate	991,779,769	Joint Global Coordinator & Bookrunner
June 2007	Solidere International (Capital Increase of 10,000,000 Shares)	Real Estate	700,000,000	Sole Placement Manager
June 2007	Al Ezz Steel Rebars S.A.E (Private Placement of Shares)	Industrial	200,184,000	Sole Placement Advisor
March 2007	Talaat Moustafa Group (Capital Increase of Shares)	Real Estate	230,000,000	Sole Placement Manager
January 2007	Suez Cement Company (Private Placement of 13,842,701 GDR’s)	Building Materials	150,000,000	Sole Offering Manager
December 2006	Al Arafa for Investment & Consultancies (Primary Offering of 77,500,000 shares)	Textiles	91,950,000	Sole Global Coordinator & Bookrunner
November 2006	SODIC (Capital Increase of 10,928,764 Shares)	Real Estate	190,065,461	Placement Manager
May 2006	El Sewedy Cables Company (IPO of 30,000,000 Ordinary Shares)	Industrial Manufacturing	224,347,826	Global Coordinator & Sole Bookrunner
April 2006	Suez Cement Company (Rights Issue of 53,856,507 Common Shares)	Building Materials	421,485,707	Sole Offering Manager
April 2006	Thuraya Satellite Telecommunications Co. (Private Placement of 434,155,014 Ordinary Shares)	Telecom	266,170,000	Joint Global Coordinator & Bookrunner
April 2006	Orascom Construction Industries (Private Placement of 2,735,000 Global Depository Receipts & Rights Issue of 11,500,000 Common Shares)	Construction	659,773,750	Financial Advisor & Joint Lead Manager
March 2006	EFG-Hermes Holding (Private Placement & Rights Issue of 210,148,020 common shares)	Financial Services	488,824,365	Sole Offering Manager
March 2006	Emirates Integrated Telecommunications Company (20% Initial Public Offering)	Telecommunications	660,490,000	Financial Advisor & Lead Manager
February 2006	Solidere (Private Placement of approx. 4,150,000 shares)	Real Estate	94,205,000	Financial Advisor & Sole Placement Manager
December 2005	Oriental Weavers (Private Placement of 6,765,488 shares)	Consumer Durables	113,011,355	Financial Advisor & Sole Placement Manager
December 2005	Telecom Egypt (IPO of 341,414,320 common shares and Global Depositary Shares)	Telecommunications	890,803,221	Joint Global Coordinator & Bookrunner
June 2005	Orascom Construction Industries (Private Placement of 4,100,000 Global Depository Receipts)	Construction	217,300,000	Financial Advisor and Joint Lead Manager
June 2005	SIDPEC (Initial Public Offering)	Petrochemicals	250,000,000	Financial Advisor and Joint Lead Manager
November 2004	Lecico (IPO of 8,273,443 common shares and Global Depository Receipts)	Consumer Durables	132,623,291	International Co-Lead Manager and Regional Coordinator

Debt Capital Markets

As part of our effort in providing comprehensive solutions to our clients especially post the global economic crisis back in 2008 where equity-related transactions came to a standstill, we began to focus on expanding our debt capital market activities and have raised more than USD 4.3 billion worth of debt since.

EFG Hermes Investment Banking has a competitive edge in the debt market as a result of its exposure to unique pockets of liquidity and its ability to tailor products to the interests of all parties. The IB Team is also supported by the placement power of EFG Hermes Securities Brokerage.

Debt Major Transactions

EFG Hermes Investment Banking has raised debt on behalf of leading corporations in a variety of industries, supported by the greatest placement power of any investment bank in the region.