Savola Group (2050)
XSAU XSAU Primary Summary
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Savola Group Profile
| Food Products Industry | Consumer Staples Sector | - CEO | XSAU Exchange | SA0007879162 ISIN |
| Saudi Arabia Country | 15,299 Employees | - Last Dividend | 26 Mar 2008 Last Split | - IPO Date |
Overview
The Savola Group Company is a prominent food production corporation that encompasses an extensive spectrum of operations, spanning from manufacturing to marketing and distribution of food products. Established in 1978 and situated in Jeddah, the Kingdom of Saudi Arabia, Savola has evolved to encompass a diverse array of activities beyond its initial focus. The conglomerate operates across five distinct segments: Food Processing, Retail, Food Services, Frozen Food, and Investments. This multifaceted approach allows Savola to cater to a wide customer base, providing a variety of food items and services. Besides its core operations in the food industry, Savola is also involved in agro cultivation, services and maintenance, trading and distribution, renewable energy, e-commerce, and real estate, underscoring its diversified business model.
Products and Services
- Edible Oils and Vegetable Oils: Savola specializes in the production and distribution of a broad range of oils, catering to various culinary needs and preferences.
- Sugar and Sweeteners: The company provides a variety of sugar products and sweeteners, catering to the diverse needs of consumers and industries.
- Pasta: Savola's pasta offerings include a wide selection of shapes and sizes, made to suit different dishes and tastes.
- Snacks, Bakery Products, Specialty Fats: A variety of snacks, bakery products, and specialty fats are offered, aimed at meeting the snack and baking needs of consumers.
- Seafood, Confectionery, Dairy Products: Savola provides a diversified food portfolio including fresh seafood, confectioneries, and dairy products to cater to varied dietary preferences.
- Fast Foods and Frozen Food Products: The company offers fast food options and a wide range of frozen food products for convenient meal solutions.
- Sugar, Spices, Nuts, and Pulses: A comprehensive array of basic cooking and baking essentials such as sugar, spices, nuts, and pulses are offered, highlighting Savola's commitment to being a one-stop food source.
In addition to food products, Savola engages in a host of other services and activities including agro cultivation, services and maintenance, retail, trading and distribution, restaurants, renewable energy, e-commerce, real estate activities, as well as investments in equity-accounted investees and other investment activities. The company's retail operations are significant, featuring a network of hypermarkets, supermarkets, and convenience stores, ensuring that Savola's products are readily accessible to consumers.
