Savola

Investor type

CVC

Founded

1979

AUM

$3 100 M

Location

Jeddah, Mecca, Saudi Arabia

Investment Ticket

$10-50 m

Investment Stage

Seed Series A Series B

Region of investment

North America Middle East
Investor profile last updated: 16 August, 2026

Profile

Savola Group is a prominent industrial and investment holding company based in Jeddah, Saudi Arabia, founded in 1979. It has grown to become the largest food company in the Kingdom by revenue, employing around 32,000 people and operating with a capital of SAR 5.34 billion. The company focuses on the food and retail sectors across the Middle East, North Africa, and Turkey, primarily through its two divisions: Savola Foods and Savola Retail.

Savola Foods manufactures a variety of products, including edible oils, sugar, pasta, confectioneries, and fresh dairy products. Savola Retail operates the Panda retail chain, one of the largest supermarket and hypermarket chains in Saudi Arabia, with over 214 stores serving approximately 116 million customers in more than 40 cities. The company has expanded through strategic acquisitions and investments, enhancing its market presence and product offerings. Savola Group is publicly listed on the Saudi Stock Exchange under the symbol 2050 and is recognized as a key player in the food and retail industries.

Industry

Food and Beverage Foodtech Retail Consumer Products Consumer Services (B2C) Fashion/Beauty Networking Technology Logistics

Savola Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Savola Group Fund
Corporate VC (CVC)
Consumer Products
Consumer Services (B2C)
Food and Beverage
Foodtech
Retail
Technology
Logistics
Seed
Series A
Series B
Middle East
$5-10 m
$3100 M
November 1978

Contacts

Name
Title
Email
avatar
Muhammad Ali Bilal Khan (ACA) Director Business Development Finance - M&A
Director Business Development Finance - M&A
m•••@•••
avatar
Ashraf Olama Human Capital Executive Director
Human Capital Executive Director
a•••@•••
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Investment-team contacts for Savola — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Savola

Savola operates as a corporate VC (CVC). It backs companies at Seed, Series A and Series B, writing tickets of $10-50 m.
Savola is located in Jeddah, Mecca, Saudi Arabia.
Savola was founded in 1979.
Savola invests in companies and startups in Food and Beverage, Foodtech, Retail, Consumer Products, Consumer Services (B2C), Fashion/Beauty, Networking, Technology, Logistics.
Savola invests in companies and startups in North America, Middle East.
Savola invests in companies and startups at Seed, Series A, Series B.
Savola usually invests $10-50 m on average.
Savola has around $3 100m assets under management.
Savola last fund was created/launched in 1978-11-20
Savola can be reached through its website savola.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Savola — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.