Food Investments

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Savola continues to strengthen its footprint in the food sector through strategic investments in trusted brands across the Middle East and North Africa. Savola Foods Company, a leading provider of packaged consumer goods, markets its products in over 50 countries, with many of its brands holding leadership positions in their categories. In addition to Savola Foods Company, Savola Group maintains a number of non-managed investments within the food sector as part of its broader investment portfolio strategy.

Savola Foods Company

Our core platform, Savola Foods produces and exports a diverse range of food products. Our portfolio includes a variety of edible oils and ghee (Afia, Shams, Alarabi, Rawabi, and Janna). Sugar (Alosra), pasta (Almaleka and Italiano), as well as nuts, spices, and variety of snacks (Bayara and Afia). These products are exported to more than 50 countries worldwide.

Building on a strong foundation, SFC entered its next strategic cycle in 2025, through evolving to the AAA strategy: Accelerate, Acquire, and Advance. This evolution will drive profitable and sustainable growth, enhance our market position, and solidify our long-term value creation strategy.

SFC reported a net revenue of 11.9 billion for 2024, slightly down from 12.4 billion in the previous year, primarily due to lower commodity prices, and the divestment of Savola Morocco Company. Encouragingly, volume growth in the Sugar Arabia segment and the Nuts, Spices, and Pulses segment helped mitigate these challenges, contributing to resilient overall performance. SFC proactively refreshed its transformation strategy, focusing on organic growth, efficiency enhancements, and strengthened operational capabilities, effectively positioning the company for sustainable long-term growth.

SFC’s strategic priorities will remain focused on strengthening its core businesses, expanding its B2B and B2C operations, and driving diversification. With a sharper organizational focus and enhanced financial strength – boosted by portfolio optimization, divestments, – it will be well positioned to explore high-impact mergers and acquisitions, ensuring long-term, sustainable success in a rapidly evolving market.

Savola Foods Company – Sustainability Report

Savola Foods Company – ESG report 2024

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Savola Foods Company – Sustainability Report 2023

PDF 19.92 MB

SFC ESG Strategy

PDF 0.77 MB

Research & Development

PDF 1.49 MB

Water Stewardship Disclosure

PDF 1.06 MB

Prominent brands of Savola Foods

SAVOLA FINANCIAL INVESTMENT IN FOOD

One of long-term strategic investments in the food sector, owning a (51% ) majority stake in Al Kabeer Group of Companies, a leader in the region’s frozen foods manufacturing and distribution sector.

FINANCIAL INVESTMENTS SAVOLA FOODS

Savola brands may have a high profile in the region, but our investors know that this is only one part of the picture. We also use the expertise we have built up over the past four decades to invest in food-sector companies strategically. And this is why: stakes in growing companies give us greater insights into the industry and safeguard our profits by diversifying risk.

To take just one example, we own a 34.52% stake in Almarai – the world’s largest vertically integrated dairy business. This listed joint stock company offers a range of products in the fresh laban, cheese, juice, baked goods, and poultry categories, and each of these business sectors is currently enjoying rapid growth.

Also, Savola Group acquired a 51% stake in Al Kabeer Group ("Al Kabir"), one of the largest frozen food manufacturers in the region and its distributors in the last quarter of 2018.

Savola proud to be the largest shareholder in the almarai, and Al Kabir is one of the leading company in the frozen food market.

Al marai IN FOCUS

Founded in 1977, Almarai has grown to become the world’s largest vertically integrated dairy company. It is a leading food group with presence in the dairy, juices, bakery, poultry and infant nutrition categories. Headquartered in Riyadh, Almarai’s production and distribution footprint covers the GCC, Egypt and Jordan. Reaching 42 million consumers, Almarai is the strongest brand in Saudi Arabia and one of the most recognized names in the Middle East.

In 2018, the YouGov Brand Index once again ranked Almarai first – ahead of Apple, WhatsApp, YouTube, Google, Samsung and Emirates Airline – among the most positively perceived brands in Saudi Arabia. Savola Group is the largest shareholder in Almarai Company, the Middle East’s leading food manufacturer and distributor, with a 34.52% stake in the company.

Al kabeer IN FOCUS

About Al Kabeer Group of Companies Founded in 1974, Al Kabeer has experienced solid growth in the frozen food industry to become one of the leading players in the GCC. Al Kabeer has three manufacturing facilities in both the United Arab Emirates and the Kingdom of Saudi Arabia, with a total capacity of over 40,000 MT per year.

In addition, Al Kabeer boasts a strong and well established in-house distribution network, servicing more than 11,000 outlets with a fleet of over 300 vehicles and nine cold stores in the region, generating sales of about SAR 620 million in 2019. Al Kabeer, throughout three different brands, is active across a wide range of frozen foods products. The company manufactures, processes and distributes over 200 products loved by consumers across the region, including frozen processed poultry, beef, seafood, dough-based products, fruits and vegetables. It also produces popular snacks and ready-to-eat meals.

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