Olayan Group
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Olayan Group (Arabic: مجموعة العليان), is a Saudi conglomerate established in 1947 by Sulaiman S. Olayan (November 5, 1918 - July 4, 2002). 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 and 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, Cardinal Health, Scania AB 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 Sulaiman's son Khaled S. Olayan. Olayan Financing Company (OFC), the Group's Saudi`and Middle East Holding, is run by his daughter Lubna S. Olayan. Olayan America Corporation (OAC) is run by his daughter Hutham S. Olayan. The Group also has offices in London, Athens and Vienna.
