Savola Group

Savola Group is a Saudi Arabian strategic investment holding company founded in 1979 and headquartered in Jeddah, Saudi Arabia. Listed on the Saudi Stock Exchange (Tadawul), the group maintains leading positions in the food and retail sectors across the Middle East, North Africa, and Turkey (MENA) region. Savola's primary investment vehicle is Savola Foods Company, which manufactures and distributes a wide range of essential food products — including edible oils (Afia, Al-Arabi), margarine, sugar (Al-Osra), pasta (Al-Maleka), nuts, spices, and snacks (Bayara) — exported to more than 50 countries worldwide. In the retail sector, the group owns Panda Retail Company, one of the largest supermarket chains in Saudi Arabia, and holds a 49% stake in Herfy Food Services, a leading quick-service restaurant and industrial bakery operator. Savola also maintains a strategic stake in Al-Kabeer Group, a frozen food producer. Beyond its core food and retail segments, Savola pursues capital growth through a diversified portfolio of venture capital, private equity, and passive investments. The group employs more than 23,000 people and is guided by principles of balanced approach, value creation for investors, and ethics-grounded governance.