The Transaction Summary

In February 2024, Savola announced its intention to distribute its 100% stake in Al Marai to its shareholders through a series of interconnected transactions with the purpose of optimizing shareholder value.

This landmark transaction demonstrates Savola’s ability to deliver transformative value to its shareholders while achieving financial and operational optimization. Post-transaction, Savola’s shareholder equity has been streamlined to %3 billion, reflecting a leaner and more focused capital structure.

By distributing its entire Almarai stake, Savola empowered its shareholders with direct exposure to one of the region’s most valuable food companies, enabling them to benefit from Almarai’s growth potential and dividends. At the same time, Savola is now positioned to channel its resources toward driving growth and innovation across its core food and retail businesses, ensuring a sustainable and resilient future.

Savola enhances shareholder engagement with direct exposure to the growth potential of both companies while strengthening its financial position to drive investments in its core food and retail businesses. This pivotal step underscores Savola’s commitment to driving sustainable growth, empowering its operating companies to capitalize on emerging opportunities, and delivering long-term value in an increasing dynamic market.