Wadi Holdings, a family-owned Lebanese agribusiness group, was established in 1984 and currently generates around $250M in revenues. The Group has two core business activities: first, poultry and, in particular, the production of broiler day old parents, commercial broilers, layer chicks, hatching eggs and poultry feed. Second activity covers planting, cultivating, harvesting and processing of olives and other vegetables and fruits. Wadi is now implementing a four-year expansion and diversification investment program, which will lead Wadi from a mid-tier company to one of Egypt.s and the region.s premier agribusiness groups.
Wadi is gearing up for a two-year $100M expansion plan in Egypt. The expansion is expected to increase food production, to provide additional & lower-cost alternatives to imports, & to boost Wadi.s export business.
The Group was awarded many prizes in Egypt and the Middle East region, for applying strict bio security procedures, and for being a leader in the implementation of such procedures. In addition, Wadi Holdings won several awards and certificates such as ISO and HACCP after having participated in many competitions organized by the World Council of Olive Oil.
In line with the mentioned above 4-year program, the Group is actively involved as well in the production and trading of feed, in addition to the production of glass containers, which is partially used for canning its own food products, with many expansion plans set in this field.
Wadi Holdings aims to lead the production of glass containers in Egypt in 2010-2011 especially after the recent operation of new furnaces with the capacity of 240 tons per day.