Savola Group, established in 1979 and based in Saudi Arabia, is a strategic investment holding group focusing on the food and retail sectors in the Middle East, North Africa, and Turkey. The group operates through several segments, including food processing, retail, food services, and frozen food. Its primary source of revenue comes from food processing, which encompasses the manufacturing, sale, and distribution of various products such as edible oils, sugar, pasta, spices, nuts, and pulses. Savola is known for its leading food brands, including Afia Oils, Al Rawabi Ghee, Al Osra Sugar, and Al Malikah Pasta, demonstrating its commitment to creating sustainable value and enhancing the consumer experience.
Red Sea Farms, located in Thuwal, Saudi Arabia, specializes in sustainable agriculture solutions tailored for saltwater and desert environments. The company provides a range of services, including technical advice, design, and project management, to enhance agricultural practices in these challenging climates. Red Sea Farms employs innovative, patent-pending technology that allows greenhouse and hydroponic farms to produce healthier and tastier crops while using significantly less water and energy. Their commitment to sustainability is reflected in their pesticide-free, organic produce, which not only meets high quality standards but also promotes environmental responsibility. Through their expertise, Red Sea Farms aims to improve agricultural efficiency and profitability in arid regions.
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.
El-Malika and El-Farasha
Acquisition in 2011
El-Malika and El-Farasha engages in the manufacturing and marketing of pasta inside and outside Egypt. Their annual production capacity is 120,000 tons per annum.
Egyptian Fertilizers Company (EFC) is the largest private sector granular urea producer in Egypt. The plant is capable of producing 1.55 million metric tons per year through two identical production lines. The production lines were constructed by OCI in 2000 and 2006 in collaboration with Uhde, which supplied the state-of-the-art proven process technology. The facility also includes a 325 thousand metric ton per year urea ammonium nitrate blending unit, which was added onsite in 2010. EFC was fully acquired in 2008. EFC is located at the port of Ain Al Sokhna, Egypt’s deepest port, approximately 55 kilometers south of the Suez Canal at the heart of the global East-West trade route. This gives EFC a freight cost advantage over other Middle Eastern and Asian urea producers as exports from EFC do not pass through the Suez Canal. EFC is also located across the street from Egypt Basic Industries Corporation (EBIC) on the grounds of Suez Industrial Development Company’s (SIDC) industrial park in Ain Sokhna, allowing both facilities to benefit from significant synergies. The plants benefit from several tie-ins for raw materials and utilities, including water, nitrogen, waste water and CO2. The plants also share workshop facilities and spare parts. Additional tie-in initiatives are assessed and implemented wherever possible. This generates savings in capital expenditure, and allows each plant to depend on the other for backup if required.