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Last Updated: 2026
Savola Group image

Savola Group

Rank#4950
Market Cap2.05B
CountrySaudi Arabia
Summary
History
Mission
References
Summaryarrow
Savola Group Company, together with its subsidiaries, produces, markets, and distributes food products. It offers edible oils, vegetable ghee, sugar, pasta, bakery products, specialty fats, seafood, confectionery, and frozen food products, as well as snacks, cooking ingredients, and pulses. The company also engages in the agro cultivation, services and maintenance, trading and distribution, restaurant, real estate development, e-commerce, and fund and investment management activities. In addition, it retails grocery products through a chain of hypermarkets and supermarkets. Savola Group Company was founded in 1979 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
Historyarrow

Savola Group was founded in 1979 by Tabligh Sawairi and Fahd Bin Abdullah Al Kanhal in Saudi Arabia. The company started out as a food processing and production company, and later expanded into a manufacturing, marketing, and distribution conglomerate. Throughout its history, Savola Group has grown and diversified, and now operates in more than 30 countries around the world. In 2008, the company introduced Halwani brands to its portfolio, which includes many popular snacks and cooking oils. In 2020, Savola Group made a strategic move to invest in and expand its digital presence, while staying true to its vision of being an innovative leader in the food and retail industry.

Missionarrow
Aims to empower, inspire and provide strategic guidance to our companies, partners, customers and employees through support programs and core values.
Referencesarrow

https://en.wikipedia.org/wiki/Savola_Group

https://in.investing.com/equities/savola-group

https://finance.yahoo.com/quote/2050.SR/profile?p=2050.SR

https://www.comparably.com/companies/savola-group

https://www.crunchbase.com/organization/savola-group

https://companiesmarketcap.com/

https://www.savola.com

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Leadership team
M
Mr. Waleed bin Khalid Yaseen Fatani (Group Chief Exec. Officer)
M
Mr. Wajid Usman Khan (Group Chief Financial Officer)
M
Mr. Mohammad Nasr (Chief Investment Officer)
Products / Services
Asset Management, Finance, Financial Services, Retail
Address
Jeddah, Makkah, Saudi Arabia
Established
1978-01-01
Net Income
S_100M_500M
Revenue
$1B+
Traded as
2050.SR
Website
https://www.savola.com
Social Media
linkedinfacebookx
Last Updated: 2026
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