Savola Group
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| Company type | Public |
|---|---|
| ISIN | SA0007879162  |
| Founded | 1979 |
| Headquarters | , |
Key people | Sulaiman Al-Muhaidib (chairman) Rayan Fayez (CEO) |
| Revenue | 5,281,936,000 Saudi riyal (2019) |
| Total assets | 26,657,711,000 Saudi riyal (2019) |
| Subsidiaries | Panda Retail Company & Savola Foods Company |
The Savola Group is a Saudi Arabian industrial company. The group’s major holdings supply Saudi Arabia, the Middle East and North Africa &Turkey n 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, 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.[citation needed]
References
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