The Savola Group is a leading Saudi Arabian strategic investment holding company with a strong presence in the food and retail sectors across the Middle East, North Africa, and Turkey (MENAT region). Established in 1979, Savola has grown to become one of the region's most successful and fastest-growing multinational food groups, managing a diverse portfolio of businesses including edible oils (e.g., Afia, Shams), sugar, pasta, seafood, and formerly retail through its Panda supermarket chain (majority stake sold in 2024). The Group is committed to delivering quality products and services while contributing to the economic development of the communities it serves and adhering to strong corporate governance and sustainability principles. Savola focuses on long-term value creation for its shareholders and stakeholders.
The headquarters serves as the central hub for strategic decision-making, corporate governance, financial oversight, investment management, and group-wide operations coordination for its various business segments across the MENAT region.
The Savola Tower is a prominent modern office building in Jeddah, reflecting the company's stature. It likely houses state-of-the-art facilities for its corporate functions.
The HQ likely fosters a professional, performance-driven, and collaborative work environment, emphasizing innovation, ethical practices, and alignment with the Group's core values of integrity, customer focus, and continuous improvement.
The Jeddah headquarters is pivotal for coordinating Savola's extensive operations and investments across multiple countries and diverse business segments, anchoring its strategic initiatives from its home market.
Savola Group has a significant operational presence primarily concentrated in the Middle East, North Africa, and Turkey (MENAT region). Key countries include Saudi Arabia, Egypt, Turkey, Iran, Sudan, Morocco, and Algeria. While its core manufacturing, sales, and investment activities are within these geographies, its products are also exported to various other international markets. Global functions supported from its central and regional offices include strategic sourcing of raw materials, international brand management, supply chain optimization, and financial consolidation for its diverse subsidiaries.
P.O. Box 14455, Savola Tower, Prince Faisal Bin Fahd Street (Sitteen Street), Al-Shati District
Jeddah
Makkah Province
Saudi Arabia
Address: Regional office, specific address varies by subsidiary (e.g., Savola Foods Egypt, New Cairo)
Oversees manufacturing plants, distribution networks, sales, and marketing for Savola's brands within Egypt and supports export activities to neighboring African countries.
Address: Regional office, specific address varies by subsidiary (e.g., Yudum Gida in Istanbul)
Drives market penetration, brand development, supply chain management, and operational excellence for Savola's Turkish subsidiaries.
Address: Regional office, specific address for Savola Behshahr Company (subsidiary).
Caters to the domestic Iranian market for edible oils and related food products, navigating local market dynamics.
Address: Regional office, manages operations in Sudan.
Serves the Sudanese market and plays a role in the local food supply chain.
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As of April 2025, Savola Group' leadership includes:
Savola Group has been backed by several prominent investors over the years, including:
Savola Group has seen some key transitions, particularly concerning its retail arm, Panda Retail Company. Other executive movements are part of routine corporate governance and strategic alignments. Note: Some changes might be slightly outside the 12-month window but are significant for recent context.
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Savola Group typically utilizes a standard corporate email format for its employees, generally based on the employee's name and the company domain 'savola.com'. Common variations exist across large organizations.
Common formats include [first_initial][last]@savola.com or [first].[last]@savola.com. Example: jdoe@savola.com or john.doe@savola.com
Format
wfatani@savola.com
Example
80%
Success rate
Zawya • May 8, 2024
Savola Group's net profit for Q1 2024 fell sharply by 89% year-on-year to SAR 23.9 million ($6.37 million), primarily due to lower revenues and a loss from the sale of its hypermarket centres. The company is undergoing strategic divestments, including the sale of its entire share capital in Panda Retail Company's subsidiary, Azizia Panda United Inc....more
Argaam • February 15, 2024
Savola Group announced the completion of the sale and leaseback of three hyperPanda store properties for a total value of SAR 90.1 million. This is part of the company's capital optimization strategy....more
Savola Group Press Release / Tadawul • December 21, 2023
Savola Group announced its decision to sell its entire share capital in its wholly owned subsidiary, Azizia Panda United Inc. (Panda Retail Company), to Abdullah Al Othaim Markets Company. This marks a significant strategic shift for Savola, exiting the majority of its retail operations....more
Argaam • October 26, 2023
Savola Group reported a net profit of SAR 459.6 million for Q3 2023, a significant increase compared to SAR 197.2 million in the same period the previous year. The growth was driven by higher revenue and improved gross profit margins....more
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