Compass Capital made a non binding offer to acquire 90% stake in Paints and Chemical Industries Company Pachin S.A.E. (CASE:PACH) for EGP 648 million on January 4, 2023. The offer per share is EGP 30. The final price is subject to due diligence consummation.

As of January 10, 2023, The board of directors of Paints and Chemical Industries (Pachin) (PACH) decided unanimously to allow Compass Capital for Financial Investment to conduct its due diligence.