MAIR GROUP - P.J.S.C.

MAIR GROUP - P.J.S.C.

AADX:MAIR
0.99
AED
+0.00
(-0.40%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Nehayan Hamad Balrakad Alameri
Sector
Finance
Industry
Financial conglomerates
Address
Abu Dhabi United Arab Emirates
IPO Date
Dec 9, 2024
Business
MAIR Group P.J.S.C. is a United Arab Emirates-based investment holding company primarily engaged in food import, packaging, wholesale, and retail distribution, as well as real estate management and logistics services. Founded in 1979 and headquartered in Abu Dhabi, United Arab Emirates, the company operates through three principal business segments: Fast-Moving Consumer Goods (FMCG) and Food Trading, Logistics and Warehousing, and Real Estate Investments. The FMCG and Food Trading division specializes in the procurement, processing, private-label packaging, and distribution of staple food commodities and packaged goods, including basmati and specialty rice under proprietary brands such as Mubarak, Shehrazade, and Al Safwa; refined white and brown sugar; edible oils, including sunflower, corn, and blended vegetable cooking oils; wheat flour, grains, and dry pulses; canned foods, legumes, and culinary pastes; pasta, noodles, and grains; frozen poultry, meat, and seafood; dairy products and milk powders; packaged tea and beverages; and bakery and confectionery ingredients. The Logistics and Warehousing segment provides integrated supply chain solutions, including temperature-controlled cold storage, ambient dry warehousing, inventory management, customs handling, freight forwarding, and third-party logistics (3PL) transport services for commercial, retail, and government clients. The Real Estate Investments segment manages a portfolio of residential, commercial, and industrial properties, offering leasing, facility management, and property development services across the UAE. The company caters to hypermarkets, retail grocery chains, hospitality providers, corporate catering entities, and institutional clients across the United Arab Emirates, the wider Gulf Cooperation Council (GCC), and the Middle East and North Africa (MENA) region. In recent major developments, the company completed a strategic corporate restructuring and officially rebranded from Foodco Holding P.J.S.C. to MAIR Group P.J.S.C., transitioning its trading symbol on the Abu Dhabi Securities Exchange to MAIR. Alongside the rebranding, MAIR Group has expanded its regional distribution network, established new commercial supply partnerships with international food producers, upgraded its cold-chain and logistics infrastructure, and restructured its real estate and trading assets to optimize operational efficiencies and drive sustainable revenue growth across core markets.