Spanning nearly a century, the Mango Group has grown and diversified from a trading operation into a dynamic multi-faceted group working in banking, industry, energy, and technology.
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Hamdi & Ibrahim Mango Co. Ltd (HIMCO) starts trading in 1927 and rapidly becomes Jordan's largest trading group.
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Major real estate development, first of its kind market in Jordan, known as Mango Market in the old downtown Amman which still stands to this date.
Acquisition of several strategic real estate holdings across Jordan.
Established Majdal Agricultural Company with an agricultural focus on olive tree plantation.
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Expansion of general trading activity through the acquisition of automobile dealerships, auto accessories and spare parts including FIAT, Chrysler, and US Rubber.
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Entered the household appliances sector with the trading activity of White Westinghouse dealership.
Mango Construction Material Company established and quickly became the largest amongst Jordan's steel and timber trading entities.
Established Jordan Construction Material Company (JCMC) through s strategic merger between Mango Construction Materials co. and a few of the then larger timber & steel trading entities within Jordan.
Additional automobile dealership acquisition: SCANIA-Vabis.
Acquired additional Home appliances dealership: Electrolux.
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Acquired additional automobile dealership: MAZDA.
Established Al Nisr Insurance Company as founding investors.
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Acquired Real Estate Finance Company (REFCO) and quickly grew its operations within Jordan as a leading publicly listed real estate financing and savings operation.
Entered the industrial sector by establishing the first household appliances manufacturing factory in Jordan (HAMCO) with Zanussi as a strategic partner.
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Established Middle East Investment Bank (MEIB) through the transformation of REFCO from a real estate lending activity into a full-fledged banking operation with a fully owned banking license.
Established state-of-the-art gray cast iron foundry, General Engineering Industries, Jordan.
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MEIB joins Societe Generale Group through a capital increase share issue and management agreement with Societe Generale Lebanon.
Established Central Gas, as founding investors, the first LPG Gass distribution operation within Jordan serving both households and commercial customers.
Al Nisr Insurance becomes Al Nisr Al Arabi Insurance through the strategic investment of the Arab Bank Group. The Mango Group maintains the strategic investment in one of Jordan’s leading Insurance Company.
Entered photovoltaic cells manufacturing sector through investment in Midsummer A.B, Sweden.
Entered the Self Storage sector through the establishment of Easy Storage. Operating multiple facilities within the Jordan .
Entered the OTT space through the investment in Magine TV A.B, Sweden .
