Group brief
Content 01 02 03 04 05 06 About us Group History Key Strategic Pillars Strategy Our Group Subsidiaries Corporate Sustainability and Social Impact
Visit our website www.haggargroup.ae Chairman message 2017 seems to have sped past us, filled with expectations and high hopes, which may not have travelled at the same pace. Improved relations between Khartoum and Washington, yielding to the partial lifting of U.S. Sanctions, were tangible steps in the right direction. We remain optimistic and look forward to positive impacts for Sudan, the Private Sector, Civil Society, Health and Education, coupled with a whole range of other fields and activities, in the hope that benefit will come to the disenfranchised and those in need. These are areas where our Group of Companies and Haggar Foundation dedicate their efforts to make a real difference. A Helping Hand and Dream, Deliver, Share our Mottos, continue to propel us, wherever and whenever possible. We have had a name change, Haggar Trading DMCC has become Haggar DMCC headquartered in Dubai, and from where the group manages its various investments across Africa. We remain concerned with the situation in the Republic of South Sudan, where our fellow citizens continue to suffer enormously and so much needs to be done, urgently. Our senior management continues to seek out new projects, in defined areas and several potentially interesting opportunities are under review. Once again, I would want to pay tribute to our remarkable team of young men and women, throughout the Group of companies, for their dedication and full commitment to their work, our traditions and to our Code of Conduct. As I near my retirement, after more than fifty years in the family business, I am confident that the Group is in very good hands and, God willing, will go from strength to strength. About us 1 Haggar DMCC is the regional headquarters of Haggar Group, established in South Sudan in 1904 and present today in 8 sectors across 6 countries in Africa. HAGGAR DMCC continues to look for opportunities to invest and develop the private sector across Africa.
Group history 2 Mikhail Haggar registered the first Haggar business in Juba, South Sudan. George Mikhail Haggar diversified into tobacco cultivation and cigarette manufacture together with soap production and gold mining. Anis G. Haggar and Taha Ali El-Bashir joined the family business. They established new cigarettes factory in Khartoum followed by plastics and Styrofoam production facilities. Continued investment on the development of the Tobacco business through increased production capacity and product range. Celebrated the 100 Year Mark and continued on the diversification via further acquisitions, acquiring Coldair Engineer Company. Acquired stake in Juba Insurance Company. Sold the Tobacco business and ventured once again into Agriculture sector via investments in GLB. 1904 1940 s 1960 s 1980 2000-2004 2010-2014 1930 s 1950 s 1970 s 1990 s 2005-2009 George Mikhail Haggar settled in South Sudan establishing tea and coffee plantations in Equatoria. Continued to expand and introduced out-grower farming for coffee and tobacco. Group operations re-instated in 1973 following signature of Addis Ababa Peace Agreement in 1972. An advertising agency, farming, and beef exports were established. George A. Haggar and Anthony A. Haggar joined the family business. Start of acquisitions and green fields operations starting with the acquisition of Pasgianos Food & Beverage Company. Established Dynamic International Oil Well Services, Sudasat, and Haggar Limited.
Key strategic pillars 3 PEOPLE & CULTURE An ambitious, competent and diverse team DELIVER A caring, professional and high performance culture BEST IN CLASS DREAM our vision SHARE Identify best in class across all functions and strive to beat Strengthen Governance practices and structures Modern, efficient, effective and easy to use systems and processes Standardised, simplified and value enhancing nice STRATEGIC ALLIANCES people & passion our values & enjoyable ownership & accountability Anchored by common values and long-term interests Built on transparency and mutual trust Making our success equitable across the communities, environment, partners and employed persons environment & safety responsibility & empowerment faith & respect excellence & quality creativity & adaptability integrity teamwork & ethics & communication
Our strategy 4 To build Haggar into a trusted and successful African business. We aim to build long-term positions in Agriculture, Energy, & ICT as we believe these sectors will provide the architecture and foundation for sustainable development across the continent. DREAM DELIVER SHARE Let s work together in peace and harmony to build up new businesses that will be of benefit to us and most importantly to the countries and people we chose to invest in and work amongst. George. M. Haggar - Founder, 1973
Our strategic focus 5 OUR STRATEGIC KEY AREAS OTHERS Agriculture Industry Energy Financials ICT Real Estate
EAST AFRICA REGION Sudan GLB Invest is developing one of the largest center-pivot irrigated alfalfa farms in Sudan. The journey began in July 2011 when the company secured 87,200 hectares of land in the Wad Hamid area under a 99-year renewable lease from the Sudanese government. Our group subsidiaries 5 The land is strategically located 7km from the Nile River, 130km from Khartoum and 700km from Port Sudan, the gateway to the target markets of the KSA, the UAE and China.
EAST AFRICA REGION Sudan DYNAMIC International Oil Well Services is Sudan's leading national oilfield services company, supplying solutions and integrated project management that optimize drilling and production performance for customers working in the oil and gas industry. Our group subsidiaries 5 Founded in 2006 by Haggar, the company offers the industry's most complete line of drilling tools and services, as well as the most advanced technology of cementing equipment and down hole tools.
EAST AFRICA REGION Sudan SUDASAT is the largest provider of VSAT services throughout Sudan, providing voice and data connectivity to institutions, companies and individuals across the country. SUDASAT has 8 transponders on ARABSAT, Badr 6 providing C-band coverage across Sudan and a customer base that spans multinationals, telecom operators, government organizations and development agencies Our group subsidiaries 5
EAST AFRICA REGION Sudan Established in the 1920 s, Pasgianos Food and Beverages was the first soft drink to be bottled in Sudan. It started in 1937 with Mr. G. W Pasgianos In 1961, the Company production plant was registered as a production facility with the ministry of industry. In 1999, the company was acquired by Haggar Group. Our group subsidiaries 5 Since its acquisition, the Company has invested in capacity and continues to provide unique national flavours to the carbonated soft drink market.
EAST AFRICA REGION Sudan COLDAIR Engineering Company is one of the pillars in Sudanese industry, operating since 1960. The company aims to meet the household needs of every Sudanese family. The company leads in refrigeration and its products have become a symbol of trust in the heart and mind of Sudanese consumers. Our group subsidiaries 5
EAST AFRICA REGION Sudan JUBA INSURANCE Company Ltd. Located in Sudan was established in July 1984. Haggar bought a controlling stake in the company in 2010. Our group subsidiaries 5
EAST AFRICA REGION South Sudan SEDCO (Sanctuary Estate Development Company) is a real estate company founded in 2014, owning and managing residential buildings with furnished flats to rent, that range from studios to larger apartments. IVORY BANK was founded to be the leading bank in South Sudan and is working to build its competencies and capabilities to secure a leading role in the sector. Our group subsidiaries 5
WEST AFRICA REGION Senegal Ghana Nigeria Established in 2013 in Dubai UAE as an African communications carrier, Dolphin specializes in Wholesale Capacity and Internet Bandwidth for Carriers, ISPs and Enterprise customers. Dolphin aims to be a driving force for the business community of West Africa functioning as a catalyst in extending global reach, high quality connectivity and reliable levels of connectivity. Our group subsidiaries 5 With over 60 million US$ investment in the ACE Submarine cable, Dolphin offers full right of landing in Dakar, Accra and Lagos covering 80% of West African market population
Corporate Sustainability 6 & Social Impact (CSI) The approach of HAGGAR DMCC to CSI is based on the belief that our businesses have responsibilities to society that extend beyond their obligations to stockholders and making a profit. There needs to be a balance between the need to be profitable and the impact the different businesses have on the societies in which they operate and the people with whom they employ directly and indirectly. To this end, 2.5% of each operating company s Net Profit is spent on CSI initiatives and 16% of HAGGAR DMCC Dividends are allocated to Haggar Foundation that focuses on clean water and education initiatives Under the vision of Let s work together in peace and harmony to build up new businesses that will be of benefit to us and most importantly to the countries and people we chose to invest in and work amongst Haggar s CSI has adopted 5 core CSI principles: Corporate Governance Fair Operations Practices Environment Community Involvement and Development Labor Practices
Visit our website www.haggargroup.ae