Hassan Allam Holding
Cairo engineering, construction and infrastructure-investment group founded 1936 by Hassan Allam; 18 subsidiaries; investment arm Hassan Allam Utilities.
USEFUL FOR Co-investors
Family & background
- FAMILY
- Allam
- WEALTH ORIGIN
- Construction contracting since 1936
- HEADQUARTERS
- Cairo, Egypt
- FOUNDED
- 1936
Investment approach
- GEOGRAPHY
- EgyptMiddle EastAfrica
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investments
Overview
Hassan Allam Holding traces its origins to Hassan Mohammed Allam & Co., founded in Cairo in 1936; the company states it was run by the Allam family before nationalisation and re-established privately in 1975. It now has 18 subsidiaries and about 50,000 employees in engineering and construction and in investment and development. Its investment arm, Hassan Allam Utilities, invests in water, energy, transport and logistics, and social infrastructure in Egypt and the Middle East and Africa. Acquisitions include a majority of PGESCo (2018), Bioworks and Intech (2019) and Ridgewood Egypt (2020, via a joint venture with Almar Water Solutions).
Investment thesis
Sustainable infrastructure that addresses service and availability gaps in water, energy, transport and logistics, and social infrastructure in Egypt and the Middle East and Africa.
Holdings & investments (8)
- Ridgewood EgyptClimate & Energy · since 2020 · acquired via JV with Almar Water Solutions
- Eden (facility management)Real Estate & PropTech · since 2020 · established
- Jinet (landscaping)Real Estate & PropTech · since 2020 · established
- BioworksClimate & Energy · since 2019 · acquired
- IntechClimate & Energy · since 2019 · acquired
- PGESCoIndustrial & Manufacturing · since 2018 · majority
- Lightsource BP solar joint venture (Egypt)Climate & Energy · since 2018 · joint venture
- Rowad Modern Engineering AlgeriaIndustrial & Manufacturing · since 2007 · acquired
People
- Dalia WahbaCEO, Hassan Allam Investment Managers · source
- Kamal Eldin AllamFounder and Chairman Emeritus · source
- Hassan AllamChairman and CEO · source
- Amr AllamGroup Co-CEO; Chairman, Hassan Allam Utilities · source
- Mohy-Eldin AbdinExecutive Board Member and Group CFO · source
- Merette ElsayedCEO, Legacy; Chief Commercial Officer · source
Frequently asked questions
Hassan Allam Holding is a family holding based in Cairo, Egypt, founded in 1936.
Hassan Allam Holding invests on behalf of the Allam family (Construction contracting since 1936).
Hassan Allam Holding invests its own capital into companies. Its stated asset mix includes direct investments.
Hassan Allam Holding invests in Industrial & Manufacturing, Climate & Energy and Mobility & Logistics.
Key people at Hassan Allam Holding include Kamal Eldin Allam (Founder and Chairman Emeritus), Hassan Allam (Chairman and CEO), Amr Allam (Group Co-CEO; Chairman, Hassan Allam Utilities) and Mohy-Eldin Abdin (Executive Board Member and Group CFO).
Hassan Allam Holding's holdings and investments include Rowad Modern Engineering Algeria, PGESCo, Lightsource BP solar joint venture (Egypt), Bioworks, Intech, Ridgewood Egypt, Eden (facility management) and Jinet (landscaping).