Private equity firm Gulf Capital has exited its investment in CHO Group, having generated over 15% IRR on the investment. During its partnership with the private equity firm, the olive oil producer grew its revenue by approx. 33% and doubled the number of countries to which it exports, while maintaining double-digit EBITDA margins. It has also backward integrated 3,200 hectares of land and has plans to increase this to 4,200 hectares.
Demand for food is going to continue to increase over the next decade, driven by population growth and other factors. Supported by Gulf Capital and our other investors who believed in us and shared our vision and values.
Mr. Abdelaziz Makhloufi, Co-founder and CEO
About CHO Group
The company was established in 1996 as an olive bulk trader with a single crushing mill. Today it manages one of the largest farm-to-fork operations in the sector globally using sustainable farming methods. And it exports its produce to 50 countries in North America, Europe, Asia and other African countries.