EXITS

Omar Makram & Partner

– A Legacy of Excellence in Service Stations

Launched in 1972 with a modest capital of just 30,000 EGP, Omar Makram & Partner set out to reshape Egypt’s service station industry. Through relentless dedication and disciplined growth, the business became the country’s top-selling service station and ranked second globally — moving 2.6 million liters of Mobil fuel per month. The journey culminated in 2005 with the re-acquisition of the station operation by Exxon-Mobil at a 73x multiple, turning a humble start into one of the most enduring success stories in Egyptian retail.

Soficom

– Pioneering Egypt's Internet Landscape

Launched in 1995 with a capital of 400,000 EGP, Soficom was among Egypt’s earliest internet service providers, pioneering the country’s first steps into digital connectivity. In 1999, a strategic 50% sale to a key investor set the stage for rapid expansion. A year later, Batelco acquired the entire shareholding at a 135x multiple — a result that underscored the strategic foresight of the original investment and reinforced Sofico’s role as a trailblazer in Egypt’s early digital infrastructure.

SIFE

– Building Global Brands from Local Foundations

Founded in 1986 with an initial investment of 4 million EGP, SIFE grew into a trusted manufacturer of premium sanitary fittings and bathroom accessories, built on a joint venture with France’s Jacob Delafon. The company’s consistent focus on quality and innovation drew the attention of global incumbents, culminating in its 1998 sale to Kohler of the United States at an 8x multiple. The journey illustrates how a local enterprise can rise to international prominence through the right strategic partnerships and an unrelenting commitment to excellence.

SofiTrans

– Strategic Buyout and Growth

Established in 1982 with an authorized capital of 50,000 EGP, SofiTrans grew into a trusted name in freight forwarding and customs clearing across Egypt. Recognizing the strength of the business, the management team initiated a full buyback of the shares — creating the opportunity for a timely and well-structured exit. The transaction delivered strong returns and underscored the value of Sofico’s hands-on approach and the company’s resilience in a competitive market.

SofiTrade

– Challenging Beginnings and Calm Closure

Launched in 1997 to import high-end dairy products and juices for Egypt’s premium consumer segment, SofiTrade aimed to capture a carefully defined niche. Despite a promising early stage, the venture encountered structural headwinds that could not be overcome, leading to a decision to liquidate in 2001. While the investment did not meet expectations, it offered enduring lessons on market dynamics, strategic timing, and the discipline of knowing when to move on — lessons that continue to inform Sofico’s investment approach today.