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ASEC Holding is the largest regional turnkey contractor for cement project sand heavy industrial facilities, and a growing cement producer based in Cairo and operating in Africa and the Middle East.
ASEC Holding is well positioned as an industrial turnkey supplier with six subsidiaries based in Egypt and supplying different countries in Europe, Asia, Latin America and Africa. ASEC Holding grants cement plants, heavy industrial projects and regional investors a one stop shop, through its state-of the-art technologies, synergy among group companies and continuous development of our people. Our subsidiaries work collectively to foster quality standards, maximize customer value while complying with environmental protection regulations and low energy consumption in cement plants and industrial projects.
With unwavering commitment to leveraging shareholders & apos; value, ASEC holding has made a strategic move towards the cement production arena by the end of 2005; a new company was established under the name "ASEC Cement Holding" to pursue the new direction. Capitalizing on the group proven record of expertise for more than 30 years in cement services, coupled with financial and management capabilities, ASEC Cement Holding was able to enter 7 countries with 9 new cement plant projects either through Greenfield operations or acquisitions with expected capacity of 18 mtpa.
The group companies are managed by ASEC Holding and fully owned by Citadel Capital, the renowned regional private equity firm, since December 2004.
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