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Wadi Group: new CEO, corporate restructuring

Wadi Group announced the appointment of Tony Freiji as the company“s new CEO. The move comes as Wadi Group celebrates its 25th anniversary and carries out the restructuring of its twelve subsidiaries…

Wadi Group announced the appointment of Tony Freiji as the company“s new CEO. The move comes as Wadi Group celebrates its 25th anniversary and carries out the restructuring of its twelve subsidiaries operating in four sectors: poultry, food processing, feed manufacturing, and industries such as manufacturing glass containers and cooling cell pads. “As Wadi Group celebrates its 25th anniversary, our corporate vision and values are as strong as ever”, said Musa Freiji, Chairman of Wadi Group. “Our great achievements over the past quarter century are due to our industry expertise, wealth of experience, sound business practices, in-depth market intelligence, and our extremely dedicated staff. Our ultimate objective, at the onset and into the future, is to contribute in the real economic development of Egypt and other Arab countries, offering many job opportunities, and bringing about prosperity of our countries”. Wadi Group is in the process of restructuring the company into two sub-holding companies: Mazareh and Sina3at. Wadi Group“s industrial subsidiaries, including Wadi Glass and Tabreed, are grouped under Sina3at. “Wadi Group prides itself on our ability to quickly adapt to and take advantage of opportunities for further development of the market”, said Tony Freiji, CEO of Wadi Group and chairman of Mazareh and Sina3at. “Diversifying our business portfolio is also one of our primary business objectives. Over the past 25 years we“ve been able to successfully establish businesses that complement our core competencies and we look forward to continuing to do so for many more years to come”.

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