Savola Group

Established in 1979, Savola Group is a prominent Saudi Arabian conglomerate specializing in the food and retail sectors across the Middle East and North Africa (MENA) region. The company operates through two main divisions: Savola Foods and Savola Retail. Savola Foods produces a diverse range of products, including edible oils, sugar, pasta, frozen foods, and dairy products, which are marketed under various brand names such as Afia, Shams, Al Arabi, Al Maleka, and Italiano. These products are distributed in over 50 countries, catering to a wide consumer base. In the retail sector, Savola owns Panda Retail Company, one of the largest grocery and retail chains in the MENA region, operating numerous hypermarkets and supermarkets. Additionally, Savola holds strategic stakes in other companies, including a 49% stake in Herfy Food Services Company, a leading fast-food brand in Saudi Arabia.

Savola Group's investment strategy focuses on the food and retail sectors within the MENA region, aiming to leverage its expertise and market presence to drive growth and profitability. The company has a history of strategic acquisitions, such as the 2018 acquisition of a 51% stake in Dubai-based Al Kabeer Group, a frozen foods company, and the 2022 acquisition of Egybelg, a leading sugar producer in Egypt. These investments align with Savola's objective to expand its footprint and enhance its product offerings in the region. The company's approach emphasizes ethical business practices, corporate social responsibility, and a commitment to sustainability, reflecting its dedication to creating value for investors, employees, and the communities it serves.

Under the leadership of CEO Sameh Mahmoud Hassan, appointed in July 2025, Savola Group continues to focus on its core operations in the food sector while responsibly managing and maximizing value from its broader portfolio. The company's strategic direction aims to build a scaled and integrated food platform with regional and global ambitions, positioning Savola to capitalize on growth opportunities and deliver sustainable value to its stakeholders.