Qalaa Holdings

Qalaa Holdings S.A.E., founded in 2004 and headquartered in Cairo, Egypt, is a private equity and venture capital firm focused on investments in the Middle East and Africa, particularly in North and East Africa. The firm specializes in growth capital, turnarounds, and leveraged buyouts across various sectors, including energy, cement, agrifoods, transportation, logistics, and mining. With investments totaling approximately $9.5 billion, Qalaa Holdings aims to concentrate on high-growth industries while divesting from non-core assets. The firm typically seeks majority ownership and collaborates with other investors, emphasizing socially responsible investment practices. By prioritizing innovation and sustainability, Qalaa Holdings strives to build businesses that will significantly impact the region's economic future.

Alaa El-Afifi

Managing Director, Qalaa Holdings Mining Division

Amr El-Garhy

Managing Director and Board Member

Ahmed Heikal

Chairman and Co-Founder

Karim Sadek

Managing Director, Head of Transportation and Logistics and Board Member

4 past transactions

Sphinx Glass

Private Equity Round in 2013
Sphinx Glass is an independent float glass manufacturer based in Egypt, established in 2008. The company produces high-quality float glass products for both commercial and residential projects, leveraging advanced technology and expertise from PPG Industries. With an annual production capacity of 200,000 tons, Sphinx Glass meets the needs of the automotive and construction industries by offering superior glazing and automotive glass products. The company is committed to adhering to strict international standards, ensuring that it meets the diverse requirements of its customers efficiently. Through continuous improvement and a dedicated professional team, Sphinx Glass aims to establish itself as a leading manufacturer in the region.

ASEC Cement

Acquisition in 2010
ASEC Cement is a holding company focused on investment opportunities in emerging cement markets across the Middle East and North Africa. Established in November 2005 by Citadel Capital, a prominent private equity firm in the region, ASEC Cement aims to provide growth capital for cement plants in key areas including Egypt, Algeria, Syria, Sudan, and Kurdistan. The company seeks to meet the rising demand for building materials in these rapidly developing markets by supporting the establishment and expansion of cement production facilities.

El Rashidi El Mizan

Acquisition in 2007
Started in Cairo in 1889 as a small family business, El Rashidi El Mizan now stands as a leading food producer in the MENA region with one of the strongest brand names in Egypt. The Olayan Group acquired the company in 2015. El Rashidi El Mizan’s indulgently healthy products now serve over 50 markets. The brand has become synonymous with quality and innovation, with consumer loyalty and awareness of products standing at 90%. The company began in the Halawa and Tahini markets, always providing people with product innovations that embedded the brand in the culture. The brand stands for heritage, quality and Egyptian "goodness." With over a century of expertise in sesame-based products, we capitalized on the strong equity of the brand and ventured into new categories including jam, tomato paste, honey, and molasses. Our vision: To bring quality, nutritious foods, at a great value to as many people as possible. Our brand promise: We meet everyday needs for food with quality, nutritious products that deliver great taste and value to help people get the best out of their day.

Egyptian Fertilizers Company

Private Equity Round in 2005
Egyptian Fertilizers Company (EFC) is the largest private sector producer of granular urea in Egypt, with an annual production capacity of 1.55 million metric tons achieved through two advanced production lines established in 2000 and 2006. Located at the port of Ain Al Sokhna, approximately 55 kilometers south of the Suez Canal, EFC benefits from a strategic position that reduces freight costs for exports, as its shipments do not pass through the canal. The facility includes a urea ammonium nitrate blending unit, added in 2010, with a capacity of 325 thousand metric tons per year. EFC was fully acquired in 2008 and is situated adjacent to the Egypt Basic Industries Corporation, allowing for operational synergies, shared resources, and savings in capital expenditure. The plants utilize various tie-ins for raw materials and utilities, enhancing efficiency and providing backup support when needed.
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