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:
Feel free to contact us any time!