Savola Group was founded January 10, 1979 and is headquartered in Jeddah, Saudi Arabia. The Group 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).
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, operating through the following segments: Foods Processing, Retail, Food Services, Frozen Foods, and Investment. It operates through five main direct subsidiaries: Savola Foods Company, Panda Retail Company, Good Food Company, Al Matoun International for Real Estate Investment Holding Company, and Herfy Food Services Company.
Savola Group has 29,759 total employees and as of May 2026 Savola Group's TTM revenue is of $6.96 Billion USD. The ticker symbol for Savola Group is 2050 and the current market capitalization is $2.14B.
Facts compiled by Executive Moves from publicly available news and press releases on 2 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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