Mansour Group

History

Mansour Group started as a cotton business founded in 1952 by Loutfy Mansour, one of the first Egyptians to graduate from Cambridge. The business was nationalized by Gamel Nasser in the 1970s, forcing Mansour to Sudan and eventually Switzerland, where he continued to work in the cotton business. His sons attended school in the United States while he was working. Eventually, when Egypt returned to a market economy in the early 1970s, Mansour and his sons were able to return.

At that time, General Motors was looking for Egyptian partners to help them expand, and were connected with the Mansour family. The family set up a GM dealership and obtained Egyptian sales rights in 1975. The company was called Al-Mansour Automotive. In 1984, GM opened its first factory in Egypt, and 1985 the first GM vehicle was produced in the country. Al-Mansour Automotive gained rights to sell GM cars in Africa, and eventually became the largest GM dealership in the world.

In 1977, Mansour Group secured rights to sell and distribute Caterpillar digging equipment in Egypt. The Mantrac subsidiary was formed to manage the Caterpillar business, and Mantrac eventually secured Caterpillar rights to Sub-Saharan Africa, Russia and Iraq. As of 2015. Mantrac was the fifth largest Caterpillar dealer in the world.

1n 1992, Mansour Group created an autonomous company, Mansour Financial, formally the Al-Mansour Holding Company for Financial Investments (MHCFI) to manage a license agreement with Philip Morris International (PMI) to produce and distribute PMI’s brands in Egypt. The Al-Mansour International Distribution Company (AMIDC) was created underneath Mansour Financial to manage the tobacco business. When the Philip Morris partnership ended in 2014, AMIDC partnered with Imperial Brands, then called Imperial Tobacco.

Manfoods was created in 1994 to manage McDonald's franchises in Egypt.

In 2000, the company launched Metro Markets, the first Egyptian-owned supermarket chain.

The company launched its first discount store in 2006, called Kheir Zaman, which translates to "The Good Old Days".

In 2010, Mansour Group founded Man Capital (aka Mancap), a private investment subsidiary. The family transferred its entire net worth to the new standalone entity incorporated in London.

Man Capital

Man Capital (aka Mancap), the Mansour Group's private investment subsidiary, is based in London and is run by Loutfy Mansour, son of Mohamed Mansour. The company consists of 10 employees across the US, Europe and Asia, and averages about 2 deals a year. Notable investments include marine logistics firm Vanguard (formerly OTS Logistics), Millennium Offshore Services, which provides services to the offshore oil and gas industry and is now known as Seafox, and Nigerian telecoms infrastructure provider IHS Towers. The subsidiary was also an early investor in technology companies including Facebook, Twitter, Spotify and Uber.

Manfoods

Manfoods owns McDonald's Egypt, and employs over 3,000 people. Manfoods was founded in 1994 when McDonald's franchised their first restaurants in Egypt to Mansour Group.

Mansour Auto

Mansour Auto, also known as Al-Mansour Automotive, imports and sells General Motors (GM) automobiles. It's the largest GM dealership in the world.

Mansour Financial

Mansour Financial, also known as Al-Mansour Holding Company for Financial Investments, manages the tobacco partnership with Imperial Brands. The company also private labels consumer goods such as Sunshine Tuna, Labanita and Belhana dairy products and Hayat Natural drinking water. Mansour Financial also runs the Metro Market and Kheir Zaman supermarket chains.

Mantrac Group

Mantrac Group distributes and supports Caterpillar construction equipment.

MMID

MMID, formally known as El Mansour & El Maghraby Investment and Development Company, manages a diverse investment portfolio of financial institutions, industrial projects, real estate, information technology, telecom, tourism, and media and entertainment. MMID is a major shareholder in Crédit Agricole Egypt, and in Palm Hills Development, Egypt’s second largest real estate developer, which as of October 2015 was working on 14 projects covering 13 million square meters.

Non-profit activities

Mansour Group funds the Lead Foundation in Egypt, providing loans to microbusinesses and under-privileged women. Mohamed Mansour also chairs The Mansour Foundation for Development, a philanthropic organization funded by Mansour Group to eliminate illiteracy, poverty, and disease in Egyptian society.