Pioneers’ roots go back to 1997, with the establishment of Pioneers Securities, which grew to become one of the top-ranked brokerage firm in Egypt today.
2007IPOPioneers Holding completes IPO and EGP 800 million capital increase that is 40x oversubscribed. Establishes holding company to widen and streamline the Group’s portfolio.
2008 – 2011Real estate and industrials sectorEnters the real estate and industrials sector with the acquisition of minority stakes in Arab Dairy and Cairo Housing.
2012 – 2013Real estate portfolioBegins building its real estate portfolio and enters the cables sector. Acquires Universal Co. for Packaging Materials and Papers.
2014 – 2015Mandatory tender offerSubmits mandatory tender offer to acquire majority stakes in Arab Dairy, Rooya, and Cairo Housing.
2016 – 2017Capital injectionThe key turnaround years for its investment portfolio, with Universal and Cairo Housing seeing a 10x increase in profitability each, Arab Dairy turning to profit, and Rooya resolving liquidity issues through capital injection of EGP 1 billion.