At Savola, we have been investing in our regional food sector since 1979. Through our company Savola Foods, we now own a broad portfolio of B2C (business to consumer) brands marketed across 30 countries.
Our Core Divisions
Each of our brands has its own success story, and Savola Foods is one of the success stories of Savola as a group. From humble origins selling edible oil in our local Saudi market, it has grown to be a major regional player with a consolidated revenue of SAR 13.2 billion in 2015. We have maintained the traditional focus on consumer staples such as edible oil, sugar, pasta and ghee, but now plan to expand into higher-value product categories.
Managed investments aside, we also hold stakes in a large food-sector company, which is Almarai. Almarai: a listed joint stock company in which we own a 36.52% stake. In the year that ended on December 31st 2015, Almarai recorded a net profit of SAR 1.91 billion for its manufacturing and distribution activities in the food and beverages sector.
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