Madar
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Overview
About Madar
Simplify's Rating
Why Madar is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Rennes, France
Founded
2019
Simplify's Take
What believers are saying
- Adel Khemane became CEO on 2026-01-08, signaling tighter governance after the transition.
- Madar still operates diversified subsidiaries, reducing dependence on one business line.
- The group retained partnerships in UTC, Staem, Renault Algérie production, Tayal, and ZF Algérie.
What critics are saying
- Charaf-Eddine Amara was remanded in custody in December 2025 over STAEM corruption allegations.
- Africa Intelligence reported Madar scaled back maritime projects on 2026-04-14.
- Governance shocks threaten the conglomerate's credibility and could cripple future state-backed expansion.
What makes Madar unique
- Madar Holding controls eight subsidiaries across agro-food, packaging, metallurgy, finance, and security.
- Madar also owns CRB football club, creating local brand visibility and political relevance.
- Its state ownership gives preferential access to Algerian industrial partnerships and strategic assets.
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There are no jobs for Madar right now.
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About Madar
Simplify's Rating
Why Madar is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Rennes, France
Founded
2019
There are no jobs for Madar right now.
Find jobs on Simplify and start your career today
We update Madar's jobs every few hours, so check again soon! Browse all jobs →