Savola Group
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| Company type | Public |
|---|---|
| ISIN | SA0007879162  |
| Founded | 1979 |
| Headquarters | 21°30′12″N 39°11′0″E / 21.50333°N 39.18333°E, , |
Key people | Sulaiman Al-Muhaidib (chairman) Abdulraouf Mannaa (managing director) |
| Revenue | 5,281,936,000 Saudi riyal (2019) |
| Total assets | 26,657,711,000 Saudi riyal (2019) |
| Subsidiaries | Panda Retail Company |
| Website | Official website |
The Savola Group is a Saudi Arabian industrial company. The group’s major holdings supply Saudi Arabia, the Middle East and North African countries with edible oils, sugar, fresh dairy products, and restaurants serving fast foods. The group also owns the largest grocery retailing chain in the Middle East, the Azizia Panda supermarket.
It is ranked as number 9 among top 100 companies in the Saudi Arabian market and ranked as number 2 among the industrial sector after SABIC. Savola group has recently listed its Oils and Fats division in the Saudi Stock market under the name Afia International.
From 1990 to 2003 Adel Fakeih was the chairman of the group.[1]
References
- ^ "Jeddah Mayor Presents Development Plans". Wikileaks. 1 July 2006. Retrieved 6 September 2013.
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