HB Group was founded in 1952 by the late Ibrahim Husni Bey, primarily operating as a logistics company. Over the years, the Group has grown rapidly, gradually expanding and diversifying its activities, and subsequently transforming its core business.
Today, HB Group, through family members holdings, has evolved to become the premier importer and distributor in Libya for market leading brands in the FMCG (Fast-Moving Consumer Goods), Pharmaceuticals, Logistics, Manufacturing and Commodities sectors.
HB Group has remained very active during various transitional phases of change and uncertainty for the country, often leading the way in attracting foreign investments and trade. The Group was re-established and grew exponentially in Libya during and after the 1990s. This was achieved in an environment of severe oppression from the now dismantled Gaddafi regime. Group companies were randomly and maliciously subjected to asset freezes and nationalization. These occurred frequently under the previous regime, including 1972, 1978, 1996 and 2007. In difficult times, HB Group asserted itself as a major role player throughout.
Now, HB Group is recognized internationally as the premier private holding company in Libya. It has become widely acknowledged as a market leader in its numerous activities, across multiple geographies, and continues to undertake further substantial quantitative and qualitative business development initiatives. These initiatives both broaden and deepen our activities, and have enabled the Group to expand into new sectors such as Commercial Real Estate, (Hotels, Retail Complexes, Shopping Malls and leisure facilities), financial services, oil services, and manufacturing.