Savola

Savola Group operates as a leading strategic investment holding company, primarily focusing on the food and retail sectors across the Middle East and North Africa region. The group builds and manages a robust portfolio of assets, encompassing large numbers of grocery stores and producing essential household staples. Through its entities, Savola Foods and Savola Retail, the company's products reach consumers in over 50 countries, leveraging its comprehensive expertise in these core industries.

The company was established in 1979 as Saudi Vegetable Oils and Ghee Co., co-founded by Al-Waleed bin Talal along with strategic partners. The initial insight was to address the market need for importing and refining edible oils, starting with a paid-up capital of SAR 40 million. This foundation in essential consumer goods laid the groundwork for its subsequent expansion and diversification into a broader strategic investment group.

Savola serves a vast customer base of consumers globally while aiming to generate value for its investors, employees, and the community. Its mission involves making a positive societal impact and driving growth through strategic investments. The long-term vision focuses on empowering its portfolio companies with greater independence through strategic guidance and specialized expertise, enabling them to enhance consumer loyalty and succeed in their respective markets.