2050 · Savola Group

Description

Savola Group operates as an investment holding group, which invests in the food and retail sectors across the Middle East, North Africa and Turkey region.It operates through the following segments: Foods Processing, Retail, Food Services, Frozen Foods, and Investment.The Foods segment is involved in the manufacture and sale of edible oils, sugar, and pasta products.The Retail segment includes hyper markets, super markets and convenient store operations. The Food Services segment includes food products and fast food restaurants' chain operated by Herfy.The Frozen Food segment includes manufacturing, wholesale and retail distribution of frozen food products operated by Good Food Company.The Investments segment comprises of real estate activities, investments in associates, available-for-sale investments, and other investments.The company was founded on January 10, 1979 and is headquartered in Jeddah, Saudi Arabia.