What INDEVCO Group does

INDEVCO Group is a privately held multinational manufacturing conglomerate headquartered in Ajaltoun, Lebanon, operating over 60 manufacturing plants and commercial companies across 14 countries with more than 10,400 employees. The group is organized around four core operating divisions: INDEVCO Consumer Products (personal care, household and away-from-home disposables under brands such as Sanita, Sanita Bambi, Sanita Club, Fam, and Private), INDEVCO Plastics (polyethylene films, masterbatch compounds, agricultural films via Masterpak and MicroMB), INDEVCO Paper Containers (corrugated and solid board packaging via UNIPAK entities), and INDEVCO Paper Making (jumbo tissue rolls at mills in Lebanon and Egypt). The platform is supplemented by Phoenix Machinery (hygiene converting equipment), Phoenix Energy (solar PV and waste-to-energy), Mediapak (printing plates and inks), MicroMB plastic compounds, and INDEVCO Supply Chain (trading, logistics, and freight forwarding serving 100+ countries via Gespa, SeaPera, and Altatrade).

The business model combines B2B manufacturing sales (paper, plastic, corrugated, tissue, machinery, and renewable energy sold to industrial customers across food and beverage, dairy, agriculture, healthcare, petrochemical, retail, and HORECA) with licensing royalties on consumer brands (Sanita, Fam, Masterpak, etc.) manufactured by licensees such as Napco National in Saudi Arabia and Sanita Consumer Products in Egypt, plus fee-based industrial consultancy through INDEVCO Consultancy. Go-to-market is primarily direct enterprise field sales through specialized divisions, supplemented by regional HQs in Saudi Arabia and the United States, the BOXtoGOShop.com e-commerce platform for SMB foodservice customers, and Sanita UK for European/US export. Proprietary technology includes MicroMB masterbatch and PFAS-free polymer processing aids (developed with Micro Epsilon), AGROW agricultural films, Greencoat wax-free corrugated boxes, Glass Clear and Aqua-peel barrier films, and SW shrink wrap. Manufacturing credentials include ISO 9001:2015, ISO 45001:2018, OHSAS 18001, BRC AA Grade, EU Ecolabel certification, and UN Global Compact signatory status since 2017.

Name

INDEVCO Group

Legal name

Industrial Development Company sal

Website

https://indevcogroup.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

INDEVCO Group is a Lebanon-headquartered multinational manufacturing conglomerate operating 60+ plants in 14 countries, producing paper, plastic and corrugated packaging, jumbo tissue rolls, consumer disposables, hygiene converting machinery, and renewable energy for B2B industrial customers and licensed consumer brands globally.

Ownership category

akta.pro rank

Product category

Industrial Packaging Manufacturing

NAICS

Soap and Cleaning Compound Manufacturing (32561)

SIC

Papers & Allied Products (2600), Plastics Products, Nec (3089)

akta.pro primary industry

Away-from-Home (AFH) Tissue & Wipers (Commercial/Institutional) (IMAMAGAB)

akta.pro secondary industries

Napkins, Tableware & Foodservice Disposables (Plates, Cups, Cutlery) (CRADALAD), Hygiene Packaging & Dispensing Systems (Dispenser Systems, Packs) (IMAMAGAJ), Paper Towels & Kitchen Rolls (CRADALAC), Adult Incontinence Products (CRADALAF)

Keywords

• Industrial packaging manufacturing
• Corrugated paper products
• Plastic film packaging
• Consumer hygiene disposables
• Renewable energy solutions

Headquarters

HQ city

Beirut

HQ country

Lebanon

HQ region

Middle East

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Manufacturing Sales: Revenue from manufacturing and selling paper, corrugated, plastic packaging, jumbo tissue rolls, consumer disposables, and converting machinery to industrial customers globally.
2. Licensing Royalties: Revenue from licensing consumer brands (Sanita, Sanita Bambi, Sanita Club, Fam, Private, Masterpak) to manufacturing partners like Napco National and Sanita Consumer Products Egypt.
3. Industrial Consultancy Services: INDEVCO Consultancy provides technical assistance and advisory services to member companies and external clients through consultancy agreements.

Go-to-market motion4 records

Distribution channels6 records

Marketing channels9 records

Core offering

INDEVCO Group is a multinational manufacturing conglomerate that produces paper, plastic, and corrugated packaging, jumbo tissue rolls, consumer hygiene disposables, hygiene converting machinery, and renewable energy solutions. The group operates 60+ manufacturing plants across 14 countries, serving B2B industrial customers in food & beverage, agriculture, healthcare, petrochemical, and consumer goods sectors, while licensing consumer brands to regional manufacturing partners.

Product overview

INDEVCO Group is a diversified multinational manufacturing group with a six-decade heritage, operating across the Middle East, United States, Europe, and Africa. The company operates as a platform of distinct divisions and member companies producing: (1) Raw Materials & Packaging including plastic films, paperboard, and corrugated packaging solutions; (2) Consumer Disposables including personal care hygiene products (Sanita, Sanita Bambi, Fam, Private brands), household disposables, and away-from-home products; (3) Jumbo Tissue Rolls manufactured at paper mills in Lebanon and Egypt; (4) Converting Machinery and parts through Phoenix Machinery; and (5) Renewable Energy Solutions through Phoenix Energy. The group consists of over 60 manufacturing plants and commercial companies employing over 10,400 employees in 14 countries, supplying converting machinery, raw materials, packaging, consumer and away-from-home disposables, and renewable energy products.

Differentiator

Problem solved

Functional benefit

Brands

• Sanita: Consumer brand of household disposables for families in KSA and MENA region
• Fam
• Masterpak
• Private
• Sanita Club
• Sanita Bambi
• MicroMB
• Phoenix Energy
• AGROW
• BOX-to-GO
• Glass Clear
• Aqua-peel
• SW Shrink Wrap

Products and services

• Raw Materials & Packaging INDEVCO manufactures and supplies converting machinery, raw materials, and packaging including plastic films, paperboard, corrugated packaging, and flexible packaging solutions serving multiple industries including food, beverage, dairy, agriculture, healthcare, building & construction, and chemicals & petrochemicals.
• Consumer Disposables Personal care hygiene, household, and away-from-home (AFH) disposables including baby diapers, feminine care products, adult care, family care, and household cleaning products distributed in the GCC and MENA regions under licensed brands.
• Jumbo Tissue Rolls Tissue paper products including jumbo tissue rolls for facial tissue, toilet tissue, paper towels, and paper napkins manufactured at tissue mills in Lebanon and Egypt, including EU Ecolabel-certified products.
• AGROW® Agricultural Films Tailor-made agricultural film brand formulated with advanced raw materials and additives, customized to all climate conditions and agricultural applications including IPM system compatibility, offering extended UV stabilization and anti-fog performance.
• Masterpak Polyethylene Films High-performance co-extruded polyethylene (PE) films and bags for agriculture, construction, food, and industrial applications. Masterpak ships over 35,000 MT per year of co-extruded PE films and bags.
• MicroMB® Masterbatch & Additives Plastic compounds and additive portfolio including masterbatch and polymer processing aids developed with Micro Epsilon, featuring PFAS-free and siloxane-free solutions for polyethylene extrusion processing.
• BOXtoGOShop.com E-commerce Platform E-commerce platform by ROTOPAK for takeaway and delivery ready packaging enabling small to medium sized food service businesses to order packaging solutions online, serving restaurants, cafés, delicatessens, and fast food outlets.
• Fam® Feminine Care Products Feminine napkin brand manufactured in Saudi Arabia by Napco National for the GCC market, promoting Arab women's wellbeing and health awareness.
• Private® Sanitary Napkins Sanitary napkin brand combining safety, natural cotton feel with beauty and style for women, distributed in Egypt and MENA region.
• Sanita® Bambi Baby Diapers Baby diaper brand for independently-minded women seeking peak performance at a fair price, manufactured under license by Napco National for the GCC and MENA regions.
• Sanita® Household Products Household disposables brand for families including facial tissue, toilet tissue, pocket tissue, household towels, and maxi rolls, manufactured by Napco National in Saudi Arabia for the GCC and MENA markets.
• UNIPAK Corrugated Packaging Corrugated and solid board packaging manufacturing and converting, focusing on high-resolution promotional and shelf-display solutions, agriculture trays, telescopic boxes, and carry boxes manufactured in Lebanon, Egypt, Greece, and the USA.
• Napco National Food & Beverage Packaging Wide range of food and beverage packaging including Glass Clear® barrier films, Aqua-peel® lidding, SW® shrink wrap film, and specialty sustainable packaging products for date fruit, processed meat, cheese, beverage, and dairy manufacturers in the Middle East.
• Renewable Energy Solutions Solar energy products and solutions including PV solar panels and renewable energy systems supplied and installed by Phoenix Energy, including the Beirut River Solar Snake project, solar PV installations, and waste-to-energy solutions.
• Hygiene Converting Machinery Manufacturing of hygiene converting machinery and parts by Phoenix Machinery for tissue and nonwoven conversion operations, sold to industrial customers in the hygiene products industry.
• Interstate Paper Industries Tissue Rolls Jumbo tissue rolls (reference ACHL2 and ESTL2) manufactured in Sadat City, Egypt, producing economy-grade paper towels and toilet tissue with EU Ecolabel certification (EU Ecolabel: FR/004/016).
• INDEVCO Consultancy Services Industrial consultancy services providing technical assistance and advisory services to INDEVCO member companies and external clients through consultancy agreements.

Quantifiable outcome

• 5,475 MWh of renewable energy generated annually through PV solar panels
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• BOXtoGOShop.com / McKinsey InsightsminorStrategic or Co-development Partner · 30 October 2017ROTOPAK launched BOXtoGOShop.com e-commerce platform leveraging McKinsey market insights on food delivery industry growth (€83 billion market, 4% of restaurant food market, 3.5% annual growth). Platform serves takeaway food industry with ready packaging solutions.
• Debbane Saikali GroupminorStrategic or Co-development PartnerSanita partnered with Debbane Saikali Group to support shelters housing displaced Lebanese families during the 2026 war through donation of hygiene products.
• UN Global CompactcoreStrategic or Co-development PartnerINDEVCO joined UN Global Compact in September 2017, committing to 10 Principles on human rights, labor, environment, and anti-corruption. CEO Neemat Frem submitted official Letter of Commitment to UN Secretary General Antonio Guterres.
• Donner Sang Compter (DSC Lebanon)minorStrategic or Co-development PartnerINDEVCO holds regular blood drives and donation campaigns across member companies in Lebanon since 2015. Recognized for helping achieve 500 blood drives and raising voluntary donation percentages.
• Zahra Breast Cancer AssociationminorStrategic or Co-development PartnerFam brand teamed up with Zahra Breast Cancer Association during Breast Cancer Awareness Month to encourage women in Saudi Arabia and GCC to undergo screening. Set up awareness booths in malls and ran MBC campaign.
• My Book QatarminorGTM or Marketing PartnerSanita Club partnered with My Book Qatar luxury coupon provider for customer loyalty campaign offering 900+ buy-one-get-one vouchers and 300+ special offers at hotels, restaurants, spas for QR 1250 savings.
• ePac Holdings LLCcoreStrategic or Co-development PartnerINDEVCO acquired stake in ePac Flexible Packaging and formed joint partnership to drive adoption of digital packaging solutions, combining INDEVCO Plastics manufacturing with ePac's digital printing technology.
• Micro EpsiloncoreTechnology or IntegrationMicroMB® brand created through collaboration with Micro Epsilon for masterbatch and additive compounds. MicroMB by Micro Epsilon introduces PFAS-free polymer processing aids to additive portfolio.
• The Display ConnectionminorStrategic or Co-development PartnerInterstate Resources Inc. formed strategic partnership with The Display Connection to deliver innovative merchandising display solutions at retail, combining corrugated packaging manufacturing with merchandising expertise.
• Phoenix EnergycoreTechnology or IntegrationUNIPAK worked with sister company Phoenix Energy to install 565 kWp solar PV system with 2100+ panels across 3600 m² of rooftop, generating 822 MWh/year at Halat corrugated packaging plant.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• International Paper: One of the world's largest producers of corrugated packaging and containerboard with significant global footprint. Comparable to INDEVCO's paper container and paper making operations, though at materially larger scale.
• Smurfit Kappa: Global paper-based packaging leader with corrugated, containerboard, and consumer packaging operations across ~40 countries. Directly comparable to INDEVCO's UNIPAK corrugated and paper container divisions, though significantly larger and with broader geographic coverage.
• Tetra Pak: Global leader in carton packaging and food processing solutions for the dairy, beverage, and food industries. Named alongside INDEVCO as a leading manufacturer in the global milk packaging market; comparable in food and beverage packaging end markets.
• Berry Global: Major global producer of plastic packaging products and engineered materials serving consumer and industrial end markets. Closely comparable to INDEVCO Plastics and Masterpak's film businesses across hygiene, foodservice, and industrial applications.
• Amcor: Global packaging company focused on flexible and rigid packaging for food, beverage, healthcare, and consumer goods. Direct comparable for INDEVCO's Glass Clear® barrier films, Aqua-peel® lidding, and SW® shrink wrap product lines.
• Sonoco Products: Diversified global packaging manufacturer with consumer and industrial packaging segments including paperboard, rigid plastics, and protective packaging. Comparable to INDEVCO's diversified packaging portfolio across consumer disposables and industrial segments.
• Sealed Air: Global packaging company specializing in protective packaging and food packaging solutions. Overlaps with INDEVCO Plastics and Masterpak's flexible films business, particularly in food and beverage packaging applications.
• Mondi: Integrated paper and packaging manufacturer with operations in corrugated packaging, kraft paper, and uncoated fine paper. Comparable to INDEVCO's paper making and paper containers divisions and to Interstate Paper Industries' tissue mill business.

Direct peers

• Huhtamaki: Foodservice and consumer goods packaging company with operations in flexible packaging, paperboard, and foodservice disposables including cups and containers. Direct overlap with INDEVCO's ROTOPAK BOX-to-GO, Aqua-peel lidding, and food and beverage packaging portfolio.

Emerging players

• ePac Holdings: Digital flexible packaging specialist focused on short-run and quick-turnaround orders using digital printing. INDEVCO acquired a stake and formed a joint partnership with ePac in 2017, making it a closely aligned strategic partner/peer rather than a pure competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/indevcogroup
• Facebookfacebook.com/INDEVCO.Group
• LinkedInlinkedin.com/company/indevco

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about INDEVCO Group