Issad Rebrab & family
Overview
- Source of Wealth
- Food
- Industry
- Food & Beverage
- Residence
- Algiers
- Marital Status
- Married
- Children
- 5
Biography
Isaad Rebrab founded Cevital and served as its CEO for more than 50 years; He named his son, Malik, CEO in July 2022.
Cevital, Algeria's biggest privately-held company, owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year.
Cevital owns European companies, including French home appliances maker Groupe Brandt and Spanish aluminum firm Alas Iberia.
After serving 8 months in jail on charges of corruption, Rebrab was released on January 1, 2020. He denies any wrongdoing.
In May 2023, an Algerian court barred Rebrab from exercising any commercial or management duties at Cevital.
About
Rebrab is the son of militants who fought for Algeria's independence from France.
Cevital helped finance a biopic on Algerian resistance hero Larbi Ben M'hidi, who was executed by the French in 1957.