Profile: SAVOLA | Savola Group

SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

Savola Group SAVOLA
SAVOLA 6.37%
Food and Beverages 1.91%
TASI 0.43%
Last Value
% Change
Price in SAR Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
ISIN Code SA0007879162
Exchange Saudi Arabia
Sector Food and Beverages
Auditors PricewaterhouseCoopers
Company Description

Savola Group Company is one of the most successful and fastest growing multinational food groups in the Middle East, North African and Central Asian countries (MENACA), and has a wide portfolio of businesses including three core sectors: food (comprises of edible oils, sugar and noodles, pasta); retail and plastics. Savola Group runs the largest retail food chain in the Middle East known as the Azizia Panda supermarkets.

Company Activities

Savola Group has a wide portfolio of businesses and activities including : edible oils & fats (Savola edible oils), retail (Azizia Panda), sugar (United Sugar Company), packaging (Plastic), investments in dairy (Al-Marai) and fast food (Herfy). Other core holdings include Afia International and Savola Packaging System, along with various fast food franchises.

Equity Profile
Date Established Jan 10, 1979
Listing Date N/A
Paid-up Capital (SAR) 5,339,806,840
Outstanding Shares 533,980,684
Shares Per Value 10
Contact Information

8th Floor, Saudi Business Centre, Madinah Road, P.O. Box 14455, Jeddah 21424, Kingdom of Saudi Arabia.

+966 12 657 3333

+966 12 648 4119



Company History

The Savola Group was established in 1979, with the objective of manufacturing and marketing edible oil and vegetable ghee in Saudi Arabia. The Company was established with a capital of 40 million Saudi Riyals and 50 employees. Gradually, the capital increased to Saudi Riyals 1800 million with over 6,500 employees.

Board Members & Senior Management
Mr. Suliaman A.K.Al-Muhaidib Chairman
Mr. Ibrahim M. Alissa Board of Directors
Mr. Amin M. Shakir Board of Directors
Mr. Bader Abdullah Al-issa Board of Directors
Mr. Abdulaziz Khaled Al-Ghufaily Board of Directors
Mr. Abdul Kareem Assad Abu Alnasr Board of Directors
Engr. Abdullah M.N. Rehaimi Board of Directors
Mr. Essam A. Al-Muhaidib Board of Directors
Mr. Fahad A. AlKassim Board of Directors
Mr. Mohammad Abdulgadir Al-Fadl Board of Directors
Mr. Omar Hadir Nasrat Al-Farisi Board of Directors
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