Al-Muhaidib
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| Private company | |
| Founded | Saudi Arabia (1946) |
| Headquarters | HQ in Dammam, Saudi Arabia; with Main offices around the Kingdom |
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Key people
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Sulaiman A. K. Al-Muhaidib Emad A. K. Al-Muhaidib Essam A. K. Al-Muhaidib |
| Products |
Industrial: Building Materials, Hardware, Metal, Wood. Food Products: Rice, Sugar, Grains. Commercial: Marketing, Superstores, Land Transport. Other: Industrial Paint, Contracting, Trading, Electrical cable, Communications, Petrochemicals |
| Website | www.muhaidib.com |
The Al Muhaidib Group (Arabic:مجموعة المهيدب) is an international private group of companies based in Saudi Arabia that was founded in 1946 by Abdul Kadir bin Abdul Muhsin Al-Muhaidib. The current Chairman of the Board of Directors is Sulaiman A. K. Al-Muhaidib.
The first company was founded in 1946- under the name Abdulatif and Abdulkadir Al-Muhaidib Company. Its main interest was selling wholesale building materials and foodstuffs. In 1959 the company name was changed to Al-Muhaidib and Al-Nafea Company, and in 1979 it was changed again to A.K Al-Muhaidib & Sons Group of Companies.
A.K. Al-Muhaidib & Sons group of companies began its life in the food products industry in 1959, marketing and distributing rice. Although this sector has remained the fastest-growing within the group, allowing the company to expand its portfolio to include other grains and eventually leading to the establishment of a retail outlet chain, Giant Stores (Now merged with Panda). The group’s other main interest, building materials, has thrived along with Saudi Arabia’s economic and industrial development.
In Saudi Arabia, and the GCC, one of the fastest growing companies within the Al-Muhaidib Group is "MAYAR FOODS Co.". Established in 1959, the company has become a specialist in all facets of rice distribution and marketing. The company now has the distinction of being a major player in the food industry. By expanding its product lines to include Pasta, and the distribution of Barilla Pasta in Saudi Arabia, the company continues its strategy of acquiring national and international products. This has resulted in developing a vast network of sales offices. This growth has led to the availability of MAYAR FOODS Co. products in every food outlet throughout the Kingdom. MAYAR FOODS Co. is one of the top 15 Supplier to all Saudi retailers, and has been growing ever since.
Established in 1979 with an initial SR 40 Million Capital & grew significantly in subsequent years to SR 5 Billion, currently has market shares of 62% of the Edible Oils market and 68% of the Sugar market in the Kingdom.
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