Savola Group

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.

Hala AlBassam

Investment Manager

Hammam Bahareth

Senior Investment Manager, Merger and Acquisition

Huda Al Lawati

Chief Investment Officer

Anees Ahmed Moumina

Group Chief Executive Officer

Past deals in Saudi Arabia

Red Sea Farms

Venture Round in 2022
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.