The same month brought about a brand transformation, where the company’s name switched from Bread Basket to TAQA, which means “energy” in Arabic. It is a fitting name, given the company’s new mission: provide natural energy on-the-go, and become the leader of healthy and convenient snacking in the Middle East. Despite the success of TAQA, Merhi says the healthy snack market in Lebanon is far from saturated. “People have told me we’re the only [one] who is making a convenient snack in the appropriate price range,” she remarks.
Price, convenience, and flavors were all factors that prompted Karim Khneisser to become a loyal TAQA customer. The Beirut resident has been visiting TAQA’s Beirut storefront since it opened its doors. He has sampled a number of the products, but usually buys the oat maamoul, TAQA bread, za’atar crackers, and various taqabars.
“TAQA offers a natural product from A to Z,” Khneisser says. “It tastes really good and it’s affordable and energetic. Frankly, I eat these products all day long, and take them with me when going for a hike or doing any other outdoor activity.”
TAQA targets growth in the Middle East:
TAQA is well on its way to becoming the most successful on-the-go snack supplier in the region. The company already has 120 POS (points of sale) across Lebanon, and is about to sign with a distributor that will boost POS locations to more than 500, including major Lebanese supermarkets. Merhi is also aggressively pursuing expansion in other Middle Eastern and Gulf countries.
Earlier this year, the company also received ISO certification for the production and distribution of its products, something Merhi says adds industry credibility and helps when talking to bigger distributors.
That credibility is valuable for investors, especially those in Lebanon who can express hesitation in investing in innovative and different businesses. In addition to its product sales, TAQA is also receiving financial support from a Lebanese angel investor, a venture capitalist, and Fondation Diane, a group that supports Lebanese citizens in pursuing their green responsibilities.
Fondation Diane has been investing in TAQA since December 2016. Patrick Semaan, the foundation’s Chief Communication and Creative Officer, says their interest was sparked by Merhi’s positive environmental impact and the fact that she supported local endangered trades such as grain production. “The healthy food product positioning factor and scalability of the business in neighboring countries was an appeal for us,” he adds.
With TAQA’s success, Merhi says similar Lebanese companies have opened with similar missions. Despite this, she is not worried. “My initial drive for this company was not to make money — it was passion,” she says. “When you’re working with passion, you approach your product differently, and the drive you get from that is something you can’t compete with.”
Website: www.taqaonthego.com
Facebook: www.facebook.com/taqaonthego, www.facebook.com/taqabar
Instagram: www.instagram.com/taqaonthego & www.instagram.com/taqabar
Photos: Courtesy of TAQA.