Cairo - Mubasher: Hassan Allam has agreed to acquire MetiPro, the engineering, procurement, and construction arm of the Metito Group, to advance water and wastewater projects in the region.
The transaction aligns with the group’s objectives to expand its presence in the water and wastewater sector across Egypt, the Middle East, Africa, the CIS countries, and Eastern Europe, according to a press release.
Leveraging the two entities' 150 years of combined expertise, the joint platform is positioned to lead the next generation of sustainable water infrastructure across the MENA region.
The acquisition builds on a longstanding partnership between Hassan Allam Holding and Metito, where both groups jointly delivered landmark national projects, including Al Mahsamma, New Delta, and the ongoing West Alexandria and Abu Oweikal.
Hassan Allam, CEO, Hassan Allam Holding, said: “By bringing together MetiPro’s global expertise with our 90-year legacy of delivering complex, nation-building projects, we are creating a stronger and integrated platform built to lead the next generation of sustainable water and wastewater mega-projects across the Middle East and Africa.
He added: “As water security becomes a priority, this acquisition positions us to deliver long-term, resilient solutions that support growth, climate adaptation, and regional development.”
Karim Madwar, CEO, MetiPro, commented: “Hassan Allam Holding’s backing will enable us to scale our impact across the region, accelerate the delivery of complex water projects, and contribute meaningfully to securing sustainable water projects for generations to come.”
Last December, Hassan Allam Construction was awarded a $250 million contract to build the African Export-Import Bank (Afreximbank) African Trade Centre (AATC) in New Administrative Capital (NAC).
