Ascom Acquires 90% Stake in Ostool to Boost Logistic Capabilities

Malaz Madani

Last updated 25-06-2025

2 min

Ascom is acquiring a 90% stake in Ostool Transport, investing EGP 641 million.

Established in 1975, Ascom specialises in producing various minerals like calcium carbonate and silica.

This acquisition could enhance Ascom's supply chain efficiency within Egypt's logistics sector.

Such investments often indicate increasing confidence amid economic shifts in Egypt.

Ostool’s logistics expertise may help Ascom scale and expand its operational capabilities effectively.

Egyptian mining company Ascom is making waves with an ambitious move to snap up a 90% stake in Ostool Transport, a subsidiary of Raya Holding for Financial Investments. According to a recent stock market disclosure, the deal involves Ascom purchasing roughly 77.941 million shares in Ostool, at a price of EGP 8.224 per share—which brings the entire transaction value to around EGP 641 million.

Established way back in 1975, Ascom is far from being a new kid on the block in Egypt’s industrial scene. They've made their name primarily in the mining business—producing everything from calcium carbonate, sand, glass, gypsum, and silica to other essential minerals.

Now, I reckon this strategic purchase by Ascom could be quite a shrewd move. Ostool Transport is no lightweight itself, operating strongly within Egypt’s logistic sector, and this could help Ascom tighten up its supply chain—something that's often a bit of a faff for companies juggling massive mineral resources around the country.

On the flip side, it's particularly interesting to see this bold step amidst the wider economic shifts in Egypt. And believe it or not, deals like this often signal positive momentum—after all, big investments usually mean confidence is on the rise.

From chatting to startups around the MENA region here at Arageek, I've learnt that strategic acquisitions sometimes work wonders, offering companies expanded capabilities and wider reach overnight, well... I mean as long as they manage the integration smoothly. Ostool's existing infrastructure and logistical expertise could certainly give Ascom the wings needed to scale effectively.

For now, there's plenty to keep an eye on—will there be any hiccoughs along the way, or will it be smooth sailing ahead? Either way, it's certainly one to watch closely as it unfolds.

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