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Companies

Savola Group

#2047

Rank

$8.01B

Marketcap

SA Saudi Arabia

Country

Savola Group
Leadership team

Mr. Waleed bin Khalid Yaseen Fatani (Group Chief Exec. Officer)

Mr. Wajid Usman Khan (Group Chief Financial Officer)

Mr. Mohammad Nasr (Chief Investment Officer)

Products/ Services
Asset Management, Finance, Financial Services, Retail
Headquarters
Jeddah, Makkah, Saudi Arabia
Established
1978
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
2050.SR
Social Media
URL
https://www.savola.com
Overview
Location

Summary
History
Mission
Key Team
Recognition and Award
References
Summary
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.
History

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.

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

Mr. Elnour Ali Saad (Exec. Director of Corp. Governance, Legal Affairs & Board Sec.)

Mr. Amr Hamzah Almadani (Director of Corp. Communication & Marketing)

Mr. Morhaf Mohammed Alsamman (Exec. Director of HR & Corp. Services)

Mr. Aly Asim Barakat (Group Chief Audit Officer)

Dr. Bander Talaat Hossein Hamooh (Chief Exec. Officer of Panda Retail Co.)

Mr. Sameh Mahmoud Hassan (Chief Exec. Officer of Savola Foods Company (Food Sector))

Mr. Abdulmalik Fathaddin (Pres of Real Estate Division)

Recognition and Awards
Throughout its history, Savola Group has been recognized for its innovation and leadership in the food and retail industry. In 2019, the company was named the Best Food Retail Company in the Middle East by the Global Halal Business Awards. In 2018, Savola Group was recognized as the Most Innovative Company in Retail by the World Retail Congress. In 2020, the company was awarded the Best Leadership Award by Euromoney magazine.
References

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

Savola Group
Leadership team

Mr. Waleed bin Khalid Yaseen Fatani (Group Chief Exec. Officer)

Mr. Wajid Usman Khan (Group Chief Financial Officer)

Mr. Mohammad Nasr (Chief Investment Officer)

Products/ Services
Asset Management, Finance, Financial Services, Retail
Headquarters
Jeddah, Makkah, Saudi Arabia
Established
1978
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
2050.SR
Social Media
URL
https://www.savola.com
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