GFCO

GROUP

The Group

Amen Group was founded at the beginning of the last century by the late Brahim Ben Yedder. Originally, the group was focused on agro-food activities.

The company Cafés Ben Yedder, specialized in coffee roasting and distribution in Tunisia, was established in 1934. The "Grande Fabrique de Confiserie Orientale" (G.F.C.O.), a producer and distributor of Halwa Chamia, was acquired in 1957.

Huilerie Ben Yedder, a pioneering company in the extraction, packaging, and marketing of olive oils, was founded in 1961.

It was in the early 1970s that Amen Group underwent a strategic evolution with the acquisition in 1971 of the "Crédit Foncier et Commercial de Tunisie" (C.F.C.T.), which was renamed Amen Bank in 1995, and the acquisition in 1973 of the insurance company COMAR (Compagnie Méditerranéenne d'Assurances et de Réassurances).

Another significant acquisition for Amen Group was that of the Parenin Company in 1977. Founded in 1902, it is the authorized dealer in Tunisia for renowned multinational companies such as Caterpillar since 1926, John Deere (agricultural equipment) since 1939, and Atlas Copco since 1983.