Savola Group
Savola Group is engaged in the food and retail sectors, operating through its Savola Foods and Savola Retail divisions with activities in the Middle East, North Africa and Turkey. Additionally, the company is also engaged in real estate and investment activities. Savola was founded in 1979 and throughout the past four decades has expanded and grown its business portfolio by including the manufacture and sale of edible oils, sugar, pasta products and confectioneries. Panda is Savola’s flagship brand and retail company and one of Saudi Arabia’s largest retailers, with 116 million costumers shopping through their 214 stores in more than 40 cities in Saudi Arabia.
More about the company
- Food and agriculture revenue
- SAR 22,243,000,000
- Food and agriculture USD revenue
- USD 5,931,467,000
- Major subsidiaries
- Afia international, Almarai, Panda, Herfy Food Services Company, United Sugar
- Consumer brands
- Afia, Zaaki, Yudum, Panda, Herfy