Issad Rebrab was bornon 27 May 1944 in Algiers, Algeria, Algeria. Issad Rebrab is #552 in List Billionaires People In The World. Issad Rebrab is the founder and CEO of Cevital, Algeria's biggest privately-held company. Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year. Cevital has been buying European companies in distress, such as Groupe Brandt, a French maker of home appliances, and an Italian steel mill. Rebrab has plans to build a steel mill in Brazil to produce train tracks and improve transportation logistics for sugar, corn and soy flour exports. His five children work at Cevital.
We [Algerians] have great potential; we can make up for lost time.
In 2016, Rebrab acquired El Khabar media group, for $45 million
He came back in 1998 with Cevital, the biggest group in agricultural business, which later became the largest private Algerian company
In 1995, his main installations were destroyed in a terrorist attack
After that, he created other companies in the steel industry: Profilor in 1975 and Metal Sider in 1988
His industrial career started in 1971, when one of his clients proposed he take shares in a metallurgical construction company
Issad Rebrab (born 1944), is an Algerian billionaire businessman, CEO of the CEVITAL industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics