A leading Strategic Investor in Food and Retail
Savola Group is a leading strategic investment holding company in the MENA (Middle East and North Africa) region, with a diverse and growing portfolio of leading brands in the food and retail sectors.
For over 4 decades, Savola has built our brand and solidified our reputation for creating “Value Built on Values” through our diverse and expanding portfolio of investments in leading food and retail companies.
Our unique market position and value proposition is known and trusted worldwide, driven by our commitment in applying our reach and resources for sustainability impact for our business, people, environment, and community, including through the Group and our standalone Savola World Foundation in these areas.
We operate the largest grocery store chain in Saudi Arabia, and produce much-loved everyday household products, including edible oil, sugar, pasta, bakery products, frozen foods, spices, nuts, and snacks, for our valued customers in over 50 countries worldwide.
Our food vertical is made up of a portfolio of investments in large, branded categories across the MENA region. Savola Foods is a leader in basic branded consumer packaged goods, which are produced in more than 8 countries and exported to over 50 markets. We are proud to say that many of our products are market leaders in their respective categories. Through our commitment to strategic growth, we continue to innovate in our markets, build on our range of established products and diversify into higher-value items.
Our long-term investments in the food sector also generate profits for our shareholders. Savola Group holds the largest stake (34.52%) in Almarai Company, the leading regional food manufacturer and distributor, as well as a majority stake (51%) in Al Kabeer Group of Companies, a leading regional frozen foods manufacturing and distribution company.
Our retail vertical is headed by Panda Retail, the largest modern grocery chain in Saudi Arabia with a total of 195 stores (including 4 stores in Egypt), serving more than 90 million customers annually. Panda boasts a proud history, a leading market share and formidable geographic reach.
Our long-term investment in the retail sector consists of a 49% shareholding in Herfy Food Services Company. As such, we remain the largest shareholder in Herfy, one of the leading restaurant, industrial bakery and meat processing businesses in Saudi Arabia.
Financial Highlights
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