Agribusiness Spotlight: Cevital Agro Industrie
Cevital Agro Industrie is a leading agro-food processor that has its base at Béjaïa, Algeria. Cevital Agro Industrie owns two sugar refineries, a liquid sugar plant, one margarine factory, a mineral water packaging plant, a canning and quicklime manufacturing plant, soft drinks manufacturing and packaging plant, and a vegetable oil refinery.
It owns a large port silos terminal, with the capacity to unload over 2000 tonnes per hectares. The company is also known for its expertise in vegetable oil production, quality product, high mechanical capacity and the competitive market price it places on its product.
Cevital currently leads the exportation of sugar, margarine, and oils in Algeria. As of 2015, Cevital exported over 500,000 tonnes of white sugar to the European Economic Community. It has also exported about 3 million tonnes of sugar to 40 other countries.
See also: Personality of the Week: Cynthia Mosunmola Umoru
Although Cevital has its base in North Africa, the company’s products are currently sold in West Africa, Middle East, Maghreb, and European Market.
Cevital’s profit turnover is worth $3.5 billion and has a client base of companies like Coca-Cola, Kraft food, Danone, Ferrero, Barry Callebaut, etc.
Cevital Agro Industrie is a subsidiary of Cevital Food Company, founded in 1998 by Isaad Rebrab, the current CEO. The mindset of think big, start small and move fast spurred the expansion of Cevital Food Company to over 8 countries and global markets.
Isaad also has the habit of purchasing smaller companies and transforming them into powerhouses for commercial production. This results in employment opportunities, economic boom and serves as a means of youth empowerment and Corporate Social Responsibility.
