According to bank documents, through the proposed investment, IFC will support the Company’s expansion plan consisting of:
The Project’s salad production facility will be located in Al-Dahrya, a suburban area which is approximately 25km to the south of the City of Hebron in West Bank. The salad production facility will be established on a greenfield site with a total land area of approximately 15,000 sqm. The site was purchased by the Company in 2018. The Project’s distribution centers will be located in Ramallah, Nablus and Gaza.
The total cost of the Project is estimated at about EUR 19.1 million. The proposed IFC investment is an EUR 8.6 million A loan for IFC’s own account.
Established in 2003 and headquartered in the City of Hebron, West Bank, Al-Jebrini Company for Dairy and Food Industry and its subsidiaries and affiliated companies is one of the largest dairy companies in West Bank and Gaza. The Company produces and distributes a wide range of staple and value add products including yogurt, milk, juice, salads and dips such as hummus, cheese and pudding.
Al-Jebrini is fully owned by three family members (namely, Jihad Jibreini, Ziad Jebrini and Hisham Jebrini), each of whom takes a 33.3% stake, respectively. Its affiliate, Mediterranean Industrial Food Company, is also partially owned by Hussam Jebrini with a 25% stake.
Al-Jebrini Company for Dairy and Food Industry
Executive and Financial Manager
P.O. Box 640, 90100 Hebron, West Bank
ACCOUNTABILITY MECHANISM OF IFC
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