Creating Value

PICO Group companies are focused on value creation within their specific industries of expertise.

Modern Agriculture Company

A leading agricultural company in Egypt, Modern Agriculture Company (MACO) is fully vertically integrated, completing the agricultural value chain from propagation to cultivation to export. With a land bank of 7,000 acres, the company owns and operates five farms in three locations in Egypt.

La Poire

The largest pastry producer in Egypt, La Poire runs wholly-integrated operations that capture the full value chain from production and distribution through to wholesale and retail. The company directly operates 110 retail branches and owns a suite of well-established brands, including La Poire, LP Express, Café LP, and Beano’s.

PICO Real Estate

PICO Real Estate is a thriving real estate developer with one of the largest real estate portfolios in the Greater Cairo Area. The company’s land bank consists of more than 20 million square meters, and its operations are focused on commercial facilities, agricultural land and residential projects.

PICO International Petroleum

PICO International Petroleum is an independent exploration and production company and the first Egyptian company to own Oil & Gas concessions in Egypt. The company focuses on revitalizing and optimizing production at small and medium-sized mature fields, where its interests span the range of oil and gas upstream activities — from near field exploration to full field development planning and operations. The company has operations in Egypt, Mexico and Eastern Europe and is the largest Egypt-headquartered E&P company with daily production in excess of 25,000 BOEPD and 151 million barrels of 2P reserves.

PICO Energy Services Group

PICO Energy Group is a leading petroleum services provider in the Egyptian market The Group offers tailored, world-class products and turnkey services including upstream, marine, logistics, technical and R&A services for leading clients in the Middle East and the Gulf of Mexico.

Cheiron Holdings Ltd.

Cheiron Holdings Ltd. is a specialist E&P company focused on mature field development (with upside) in Egypt and Mexico. The company is actively screening for additional opportunities in mature markets where its core technical skills are in demand.

PICO Engineering Group

PICO Engineering Group is a leading player in the trading of machinery and heavy equipment via three independent engineering companies. The company is active in the industrial, contracting and engineering sectors.

PICO Investments

PICO Investments is a private equity investment firm that targets key sectors in the Egyptian economy, including financial services, banking, listed securities, tourism, food, industry and real estate. It offers investors a range of competitive advantages, including market insight, a controlled investment strategy and a reputation of delivering on goals.