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.

Mohamed Abdellah

Managing Director

Tamer Darwish

Investor Relations Officer

Amr M. El-Kadi

Head of Investor Relations and Risk Management

Hisham El-Khazindar

Managing Director, Co-Founder & Board Member

Hisham Hussein El-Khezindar

Co-Founder, MD, Member of Management Board and Executive Director

Moataz Farouk

Chief Financial Officer

Ahmed Heikal

Chairman and Founder

Karim Sadek

Managing Director, Head of Transportation & Logistics and Board Member

Tarek Salah

Managing Director

Mostafa Sowelem

Managing Director

Raouf Tawfik

Managing Director

Past deals in Egypt

Sphinx Glass

Private Equity Round in 2013
Sphinx glass is an independent float glass manufacturer established in Egypt in 2008 by Glassworks, a platform company of Citadel Capital, the leading private equity firm in the Middle-East and Africa with other co-investors. Sphinx Glass uses PPG Industries' know-how, a leader in float glass technology, to produce superior glazing, automotive and silvering quality products under strict international standards. With years of experience in the field, Sphinx professional team began taking steady steps into making Sphinx Glass one of the leading manufacturers of float glass in the region. They have been working diligently to ensure that all customer requirements, no matter the customer capacity, are met efficiently.

ASEC Cement

Acquisition in 2010
ASEC CEMENT is a platform for investments in emerging cement markets in the Middle East and North Africa Region and was created in November 2005 by Citadel Capital, the MENA region’s leading private equity firm.

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 granular urea producer in Egypt. The plant is capable of producing 1.55 million metric tons per year through two identical production lines. The production lines were constructed by OCI in 2000 and 2006 in collaboration with Uhde, which supplied the state-of-the-art proven process technology. The facility also includes a 325 thousand metric ton per year urea ammonium nitrate blending unit, which was added onsite in 2010. EFC was fully acquired in 2008. EFC is located at the port of Ain Al Sokhna, Egypt’s deepest port, approximately 55 kilometers south of the Suez Canal at the heart of the global East-West trade route. This gives EFC a freight cost advantage over other Middle Eastern and Asian urea producers as exports from EFC do not pass through the Suez Canal. EFC is also located across the street from Egypt Basic Industries Corporation (EBIC) on the grounds of Suez Industrial Development Company’s (SIDC) industrial park in Ain Sokhna, allowing both facilities to benefit from significant synergies. The plants benefit from several tie-ins for raw materials and utilities, including water, nitrogen, waste water and CO2. The plants also share workshop facilities and spare parts. Additional tie-in initiatives are assessed and implemented wherever possible. This generates savings in capital expenditure, and allows each plant to depend on the other for backup if required.