Savola Group - (2050)

49.05 0.75(1.55%) Last Update 21/08/2017 14:28 KSA

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Stock Market: Saudi Stock Exchange
Official Sector: Food & Beverages
Market Cap Size: Med Cap
Gulfbase Sector: Consumer Staple

Company Overview

Establishment Date: 10/01/1979
Paidup capital: SAR 5,339,806,840
Par value per share: SAR 10.00
Outstanding Shares ('000): 533,981


The Savola Group is one of the leading industrial companies in Saudi Arabia, with a wide portfolio of businesses including edible oils, sugar, noodles/pasta, and packaging, in addition to real estate and franchising. Savola has a strong presence in the Middle East and North Africa (MENA) region and Central Asian countries. The Savola Group's operating businesses are divided into two core sectors, these are "Savola Foods Sector", including edible oils, foods and sugar and "Savola Retail Sector", including retail (Panda - the largest retail food chain in the Middle East), real estate (Modern Marafiq) and Savola Plastics. In addition to this, Savola also has a franchising unit which has exclusive rights in Saudi Arabia for many internationally renowned brands of fashion wears from different countries.
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