Investment Opportunities in Iran
Serkland’s leadership has spent years developing deep relationships and knowledge across various sectors in Iran. The company focuses on privately held-companies.
Why invest in Iran? There are three reasons. First, it is worth investing in Iran because of the market fundamentals. Second, it is worth investing in Iran because for now, others have refrained from doing so. Finally, it is worth investing in Iran in order to make positive change.
Iran is a fundamentally attractive market. It is located in the heart of West Asia, giving it access to regional markets in the Middle East and Central Asia, while also serving as a waypoint for trade between Europe and China. With nearly 83 million people, Iran is the 18th most populated country in the world. Looking to gross domestic product in PPP terms, it ranks as the word’s 23rd largest economy. More than half of GDP is attributed to the services sector, and the economy is diversified, despite Iran having the world’s largest combined oil and gas reserves.
Learn more about the case for investing in Iran.
Serkland meets the needs of companies and investors looking to Iran by developing a market leading pipeline of investment opportunities and providing solutions to execute near-term investments with a long-term outlook.
Abidi
Abidi is the leading manufacturer of pharmaceutical products in Iran and the largest such company in the private sector. With over 70 years of history, Abidi has played a central role in the development of modern medical treatments in Iran and today boasts a wide product portfolio in many strategic segments on the pharmaceutical industry. Over the last 10 years, the company has transformed itself from a producer of generic products with low margins and market share to the market leader with the highest margin. We believe that the company has a very bright future ahead. The company was Serkland’s first investment in 2017.
Moheb
Family-owned Moheb was Serkland’s second investment, completed in 2018. Moheb is the largest producer and decorator of multi-layer plastic and laminate tubes in Iran and the Middle East, supplying Iranian and multinational FMCG manufacturers with high-quality solutions for the packaging of personal care products. The company dominates its industry and has made significant leaps in revenue and profitability since Serkland’s entry, and we continue to believe that the company has significant potential for continued growth both in its core business and adjacent markets in the coming years.
Pakshoo
Founded in 1962, Pakshoo is the leading home care company in Iran and is active in the production of wide range of products including laundry detergents, shampoos and conditioners, liquid soap, and dishwashing soap. The company is market leader in various segments and has strong brands trusted by Iranian consumers. Part of the company’s strength comes from its vertical integration into important raw materials and forward into retail. As the local market is fragmented and Pakshoo still has low market share, we believe that both the domestic market as well as exports provide significant growth opportunities in the year ahead.
Ofogh Koroush
OK is the leading food retail store chain in Iran. It launched in 2013 with 8 stores—today it boasts about 3000 stores across the country. The company has also pushed into e-commerce, establishing its own online platform as part of a multichannel strategy. This fast growth has partly come from the decision to grant franchising rights and has allowed the company to build a large-scale advantage by being more than double the size of its closest competitor. As Iran’s food retail landscape is still dominated by mom-and-pop stores, organised retail has a long growth trajectory and we believe that OK will be at the forefront of that expansion in the decade ahead.