Venture Capital & Other Investments

Venture capital investment

Investment in Munch Box
In line with Savola Foods’ growth strategy, a subsidiary of Savola Group, we invested in Munchbox, to target high growth, youth focused markets. Established in 2014, Munchbox is a healthy snack manufacturer with a strong presence in the snack market in the UAE and accelerating growth in Saudi Arabia is part of our growth plan for the brand.
Investment in Caper
Savola Group invested SAR 18.8 million in Caper AI, a leader in smart cart and smart checkout technology that works to create a unified online and in-store commerce solution for retailers. Following our investment, in July, Caper was acquired by Instacart, a global eCommerce player.

Aside from our managed investments in the food and retail sectors, we also pursue capital growth through our portfolio of non-managed investments.

Private equity investments
We are also currently invested in Swicorp (15%), Swicorp Joussour Fund (15%) and Intaj Capital Limited Fund (49%) among others.
Non-managed investments
The Non-managed investments are an essential part of our business strategy because they enable us to generate profits and diversify our risks. Here is a summary of some of our non-managed investments:

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