The Savola Group is one of Saudi Arabia's leading industrial companies, with a strong presence throughout the MENA region & beyond. The company was established in 1979 with an initial SR 40 Million Capital & grew significantly in subsequent years to SR 5 Billion. Savola's first business was in the edible oil industry in Saudi Arabia. It is now one of the most successful and fastest growing multinational food groups in the Gulf and the Middle East Region, also penetrating North African and Central Asian countries, with a wide portfolio of businesses including Edible Oils, Sugar, Noodles/Pasta, Packaging, Real Estate and Franchising.
Savola currently has market shares of 62% of the Edible Oils market and 70% of the Sugar market in the Kingdom as well as 65 Retail outlets Supermarkets/Hypermarkets) throughout Saudi Arabia.
The Savola Group operates its businesses through four Core Sectors, these are "Savola Foods Sector", including Edible Oils, Foods and Sugar and "Savola Retail Sector", including Retail (Panda - and Hyper Panda), Real Estate Sector (Kinan International) and Savola Plastics Sector. In addition to this, Savola also has a Franchising Unit which has exclusive rights in Saudi Arabia for ten internationally renowned brands of fashion wears from different countries.
Today, the Group has a work force of more than 12,500 employees, around 160,000 shareholders and is listed in the Top 20 companies in Saudi Arabia.
Savola's Investments
Savola has major investment in Al Marai Dairy Company (26%), Herfy Foods Company (70%), and Jordanian Tameer Company (5%).
Savola & the Community
Savola is a pioneer in the region in the areas of Corporate Social Responsibility (CSR), corporate Governance & Ethics & Values. More information on these initiatives is available in the relevant sections of this website.
