MO Group to double to $12m and expand biscuits and chocolates ahead of 2026 IPO
The MO Group has announced an aggressive expansion strategy for 2026 that includes repeated restructuring, entry into new production sectors, increased production capacity and the development of the first public offering.
The plan positions the company to accelerate regional and global growth as it seeks to strengthen its presence in both international and domestic confectionery markets.
The strategy also includes more than $10m in new manufacturing investment.
The MO Group has revealed that its expansion plan for 2026 includes multiplying exports to $12m, expanding its footprint from 45 countries to 80, and increasing production capacity by 50 percent.
The company’s confectionery and chocolate expansion plan also includes an investment of more than $10m in new production lines, strengthening its IPO between 10 percent and 20 percent in the second quarter next year.
Elasticity of the MO group
Hamdy Elabrak, chairman of the group, explained the company’s additional goals in 2026, which include international growth, entering new markets, strengthening the distribution of the domestic market and making an IPO plan.
Elabrak said: “The group aims to double its annual exports to reach $12m, compared to $6m expected this year.”
He confirmed that the group is expanding its export operations from 45 countries to 80 target markets, with a strong focus on Europe, America and Latin America.
He added that the high quality of the company’s products and competitive prices – compared to the markets of China and Asia – offer a strong opportunity, noting that Egypt has become a place located close to world markets, making export activities.
Elabrak also revealed that the group is working on an IPO file, which is expected to happen in the second half of 2026, with 10 percent to 20 percent of the shares to be offered.
He pointed out that the current delay is due to the transition of the company from a joint venture to a joint venture, a process that takes time.
Elabrak said Mo Group is moving into biscuits and chocolate bars, with expansions including new production lines and product introductions.
The group aims to increase production capacity by at least 50 percent, which supports a corresponding increase of 50 percent in business volume and sales.
New production lines
Hassan Hefnawy, CEO of MO Group, said the company recently installed two new production lines at a cost of more than $10m.
The company aims to acquire new biscuit and chocolate lines to reach a production capacity of 20 tons per day by mid-2026. Elabrak noted that all the machines are from Europe.
Hefnawy explained that the MO group currently has more than 18 percent in the dry confectionery sector in Egypt and aims to increase its domestic volume by at least 20 percent in the year 2026 compared to 2025.
The company is also preparing to launch new products to expand its customer base and showcase its position in international markets.
In the era of competition, hefnawy emphasized that competition – especially with the entry of Turkish companies – to maintain advantages in the market, marking those high-quality products at the best price to maintain a long-term presence.
