Savola in $300 Million Deal to Buy Saudi Confectionery
At Savola, we know who we are and we know what we are doing. We are the leading strategic investment holding group in the food and retail sectors across the MENAT (Middle East, North Africa and Turkey) region. We are proud of our Saudi heritage, our current international presence and the ethical business model that sets us apart. We think that companies perform best when they play to their strengths. For us, this means focusing our resources on building a strong portfolio of assets in the food and retail sectors. Through companies under our two entities, Savola Foods and Savola Retail, we now operate large numbers of grocery stores and produce everyday household staples loved by consumers in 30 countries. Our profits also come from stakes we hold in other companies in our core sectors and other industries.
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