wassel Group

27/05/2018

The Wassel Group was formed in 2005 to offer a comprehensive network of logistics and distribution services to the Palestinian market. Publically traded on the Palestine Exchange (PEX), Wassel has a 16,000 strong shareholder base. Also known as the Palestinian Distribution and Logistics Services Company, Wassel was formed to meet the growing needs of businesses in the rapidly expanding Palestinian economy in the integrated logistics solutions sector. In 2010, the Siraj Fund purchased a large stake in the Wassel Group and announced plans to restructure the subsidiaries and expand the group’s core services base.