Draft:Wadi Group
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| Company type | Private company |
|---|---|
| Industry | Agribusiness |
| Founder | Tony Freiji |
| Headquarters | , |
Key people | Tony Freiji (CEO) |
| Revenue | $750 million (2024) |
| Website | Official website |
Wadi Group, established in 1984 and headquartered in Giza, Egypt, is a conglomerate operating in the agribusiness sector, comprising 12 companies. The company is involved in poultry production, animal feed manufacturing, and agro-food processing.
In 2019 the company was ranked the 6th largest animal feed producer on the African continent, holding a 15% share of the Egyptian feed market.[1]
History
[edit]Wadi Group was founded by a Lebanese family of poultry farmers, tracing its origins to 1957 when the eldest brother began working in the poultry industry in Lebanon. The outbreak of the Lebanese Civil War forced the family to flee the country, seeking refuge in neighboring countries. Tony Freiji, who later established Wadi Group, settled in Egypt three decades ago.[2]
The business remains family-owned, with management shared between two extended Lebanese families, the Freijis and Nasrallahs. To address governance challenges, the company introduced a "family council" that manages communication between business operations and over 45 family members. The council is part of broader corporate governance reforms implemented with guidance from the International Finance Corporation.[3]
While poultry continues to be the company's primary focus, Wadi Group has diversified into multiple sectors, including large-scale feed manufacturing, logistics, olive oil production, and the cultivation of fresh vegetables and fruits for export. As of 2014 Wadi Group operated across seven industries and employed over 3,500 people, maintaining a significant presence in Egypt and Sudan.[2]
In 2023 Japanese conglomerate Mitsui & Co. acquired an undisclosed stake in Wadi Poultry, a subsidiary of Wadi Group. Wadi Poultry operates in food production, poultry processing, and animal feed sectors. The investment, in partnership with another Japanese company, Prifoods, aims to expand integrated poultry production, from feed procurement to distribution, focusing on Japan and Asian markets.[4]
In December 2024, Wadi Food, a subsidiary of Wadi Group, set a Guinness World Record for the longest rotating chicken grill during its fifth annual Olive Harvest Festival. The grill measured 62.8 meters and could cook 390 chickens simultaneously. The event, held at the company's farm along the Cairo–Alexandria desert road, celebrated Wadi Food's contributions to Egypt's olive oil industry and agricultural sector.[5]
References
[edit]- ^ "Top 10 largest animal feed manufacturers in Africa". WATTAgNet. Retrieved 19 March 2025.
- ^ a b "Poultry Industry in Egypt: Wadi Group's Leadership". Marcopolis. 15 December 2014. Retrieved 12 March 2025.
- ^ "Family businesses: sons, daughters and outsiders". Financial Times. 19 September 2014. Retrieved 19 March 2025.
- ^ "Mitsui & Co. takes stake in Egypt's Wadi Poultry". Just Food. Retrieved 19 March 2025.
- ^ "Egyptian company Wadi Food achieves world record for longest rotating grill". Daily News Egypt. 19 December 2024. Retrieved 19 March 2025.