The transaction helps Afia International Company to establish itself as the largest player in branded edible oil in the world. Jeddah, 24th November 2007: Dr. Sami Baroum, the Managing Director of the ...

20 March 2006 Beirut (APD) - Jeddah-based Savola Group received approval from the Saudi ministry of trade and industry to convert its Riyadh-based edible oil subsidiary Afia International Company into ...

Riyadh: Saudi Arabia's Savola Group said on Thursday its edible oil subsidiary Afia International is still awaiting government approval to become a stockholding company before listing on the Saudi ...

"Afia International Company is already the highest ... According to Swicorp, which acted as financial adviser for Savola, Yudum holds a 25 per cent domestic market share in sunflower and corn ...

Savola's product range includes brands such as Afia, Al-Arabi, Lisa, Karam, Shams, Nakheel and Hala. The joint stock group operates 46 stores in Saudi Arabia and claims to control 80 percent of ...

Afia International, a subsidiary of Saudi-based Savola Group, announced on Saturday that it has acquired 100% of Turkish edible oil firm Yudum’s shares for 200 million Saudi riyals ($53 million).

Yudum will be owned by edible oil firm Afia International, which is wholly owned by Savola, the Gulf's largest food company by market value. Sign up here. In 2006, Yudum generated sales of 370 ...

Savola Group subsidiary Afia International Company has bought Turkish edible oil company Yudum Gida Sanayi ve Ticaret. The acquisition marks Savola’s expansion into Turkey, where one million tonnes of ...

Savola Group has struck a deal to sell its operations in Iran to an undisclosed “foreign investor” for SR705m ($187.6m). The sale encompasses Savola's food business in Iran, which includes the ...

Savola Group Company is a Saudi Arabia-based joint stock company that is primarily engaged, together with its subsidiaries, in the production and distribution of vegetables oils, food products ...

DUBAI, Oct 17 (Reuters) - Saudi Arabia's largest food products company Savola said on Tuesday it has hired Moelis & Co to advise on the strategic options for its business including a potential ...

DUBAI, Oct 17 (Reuters) - Saudi Arabia's largest food products company Savola said on Tuesday it has hired Moelis & Co to advise on the strategic options for its business including a potential ...