Overview

Last updated 17/04/2008
Country Saudi Arabia
Ownership Private
Ownership Type Listed
Organisation Type Joint-Stock
Sector | Sub sector
  • Food and Agri-Business | Diversified and Wholesale
  • Food and Agri-Business | Supermarkets and Retail
Principal Activities Manufacturing & marketing of edible oils and fats, retail, sugar, real estate, packaging materials (plastics), investment in dairy and fast food.
Date of establishment 1979
No of Employees 6,100
Address PO Box 14455
Jeddah, Saudi Arabia Phone +966 2 657-3333
 Fax +966 2 648-4119
Website www.savola.com

Summary

Last updated 17/04/2008

Savola Group (Savola), established in 1979 in Jeddah, is the second largest industrial conglomerate in Saudi Arabia, next only to Sabic, with a strong presence throughout the MENA region and beyond. It is also the biggest food retail company by market value in the GCC region. Its wide repertoire of business portfolios include edible oils and fats (Savola Edible Oils), retail (Azizia Panda – the largest retail food chain in the Middle East), sugar (United Sugar Company), real estate, packaging materials (plastics), investment in dairy (Al-Marai) and fast food (Herfy). Additionally, the company has a Franchising Unit, which has exclusive rights in Saudi Arabia for ten internationally renowned brands of fashion wear from different countries.

Officers

Last updated 08/04/2008
Name Job Title
Adel Mohammed Fakeih Chairman
Sami Mohsen Baroum Chief Executive Officer
Ahmad Zalami Chief Financial Officer

Ownership / Shareholders

Last updated 08/04/2008
Name Country Holding
Public n/a 55.14%
Mohammed Ibrahim Al Issa Saudi Arabia 13.33%
Kingdom Holding Company Saudi Arabia 10.16%
Abdullah Al Rabiea Saudi Arabia 8.75%
General Organization for Social Insurance (GOSI) Saudi Arabia 4.81%
A K Al Bakri and Sons Holding Company Saudi Arabia 4.39%
Public Investment Fund Saudi Arabia 3.42%

Affiliates

Last updated 08/04/2008
Name Country Sector Holding
Savola Packaging Systems Saudi Arabia Basic Materials 100.00%
Al Azizia Panda United Company Saudi Arabia Household and Personal Goods 100.00%
Batool International Trading Company Saudi Arabia Capital and Industrial Goods 100.00%
Utur Packaging Materials Company Saudi Arabia Basic Materials 100.00%
Savola Trading International British Virgin Islands Food and Agri-Business 100.00%
Tayseer UAE Food and Agri-Business 100.00%
Adeem Arabia Company Saudi Arabia Food and Agri-Business 100.00%
Kamin Al Sharq for Industrial Investments Saudi Arabia Financial Services 100.00%
Arabian Sodouk for Telecommunications Saudi Arabia Telecommunications and IT 100.00%
Almaoun International Holding Company Saudi Arabia Diversified and Holding 100.00%
Savola Foods Emerging Markets Company Saudi Arabia Food and Agri-Business 100.00%
Almatoun International for Real Estate Investment Holding Company Saudi Arabia Real Estate 100.00%
Al Sharq Company for Plastic Industries Saudi Arabia Basic Materials 99.00%
Afia International Company Saudi Arabia Food and Agri-Business 90.70%
Herfy Food Services Saudi Arabia Hospitality, Travel and Leisure 70.00%
United Properties Development Company Saudi Arabia Real Estate 70.00%
United Sugar Company (USC) Saudi Arabia Food and Agri-Business 64.80%
Savola Industrial Investments Saudi Arabia Financial Services 63.50%
Al Marai Company Saudi Arabia Food and Agri-Business 26.00%
Swicorp Joussour Company Saudi Arabia Financial Services 20.00%
Al Azizia Commercial Investment Company Saudi Arabia Diversified and Holding 10.00%

Quote

Last 25.40 SAR 0.10 0.40%
Open 25.50 High/Low 25.50/25.00
Volume 2500 YR High/Low 57.00/18.70


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