Egypt-based Paradigm Invest Financial Consultation plans to conclude three new deals in the food and healthcare sectors, a report said.

The deals include an acquisition deal, with the goal of exiting or increasing capital in order to finance expansions, Hussein Abdel Haleem, managing partner of Paradigm was quoted as saying in the Daily News Egypt report.

There are two deals in the food industry sector, he added.

The first deal, worth more than EGP 1 billion ($112 million) is owned by Egyptian investors and is an acquisition arranged by a group of Arab investors, he noted.

The second deal involves an Egyptian dairy company. “The deal will include increasing the company’s capital with the aim of expanding production lines, in order to benefit from the high demand on the food industry, including dairy and cheese,” Abdel Haleem added.

The third deal aims to develop the equipment of a hospital in the local market by increasing its capital by EGP 150 million. This will also be carried out by Arab investors.