Olayan Group
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Olayan Group (Arabic: مجموعة العليان), is a Saudi Conglomerate established in 1947 by Suliman Olayan. The Olayan Group traces its origins back to the General Contracting Company (GCC), founded to work on the construction of the Trans-Arabian Pipeline alongside the American contracting company Bechtel. In the 1950s, Olayan created Trading an Insurance companies, and began investing in New York and London markets. Since then, with the oil boom in Saudi Arabia, the group has diversified its activities with the establishment of affiliates and partnerships in many industries. Currently, the Group has activities in construction, trading, food processing and restaurants, cleaning products, paper, plastics & fiber, office equipment and other industries. The Group is also the bottler and distributor of Coca-Cola in Saudi Arabia. Among the Group's international partners are Coca-Cola, Bechtel, Kimberly-Clark, Colgate-Palmolive, Xerox, Burger King, Kraft Foods, Baxter International and others.
The Olayan Group invests internationally in both public and private equities, including real estate, as well as in fixed income securities. Its multi-billion-dollar portfolio is concentrated in North America, Europe and the Middle East. The Group prides itself on its global perspective in its approach to investing across asset classes and geographies.
The Olayan Group is chaired by Suliman's son Khaled Olayan. Olayan Financing Comapany OFC, the Group's Saudi arm, is run by his daughter Lubna Olayan. Olayan America Corporation (OAC) is run by his daughter Hutham Olayan. The Group also has offices in London, Athens and Vienna.
