Al-Muhaidib
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A.K Al-Muhaidib & Sons Group of Companies |
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Type | Private company |
Founded | Saudi Arabia (1946) |
Headquarters | HQ in Dammam, Saudi Arabia; with Main offices around the Kingdom |
Key people | 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, Cables, Communications, Petrochemicals |
Website | www.muhaidib.com |
The Al-Muhaidib Group (Arabic:مجموعة شركات عبدالقادر المهيدب و اولاده) is an international private group of companies based in Saudi Arabia that was founded in 1946 by Sheikh Abdul Kadir bin Abdul Muhsin Al-Muhaidib. The current Chairman of the Board of Directors is Sulaiman A. K. Al-Muhaidib.
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History
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, the group relates its overall success to diversification. By maintaining a presence in various independent economic sectors, the company is assured that industries on the rise will carry any sector that may not be doing so robustly.
The group’s other main interest, building materials, has thrived along with Saudi Arabia’s economic and industrial development. An eye for the right opportunity and the right partner with which to do business are central to the group’s success, and this is down to careful selection of managers. Indeed, human resources are a priority at Al-Muhaidib, a fact that is reflected in the low staff turnover.
Sulaiman Al-Muhaidib, the group’s chairman, is keen to acquire more partners from the U.S. “With the growth of opportunities here, the Saudis are calling out to the Americans. Every Saudi would like to work with Americans because they think big,” he says. Today the group stands as one of the leading companies in Saudi Arabia and the Middle East.
Group of Companies
Industrial Holdings
Al-Muhaidib Metal Industries
Al-Muhaidib Metal Industries Company was established in 1982. Today, the company is appropriately positioned in the metal industries sector, with five factories operating in an area of 50,000 square meters in the industrial estate of Riyadh creating reinforcement steel, fabricated steel, building products, steel doors and other steel, aluminum and other metal products.
Over the past years, the company has achieved tremendous success in local and international markets. The company has concluded several transactions with the Gulf Cooperation Council and other Arab and African countries.
United Wood Producers
The company was incorporated in 1988, and since then the company has grown and become a leading timber industry company in Saudi Arabia. The company’s factory was built in Riyadh on an area of 24,500 square meters which included various types of wood products.
Another factory is specialized in producing tailor-made standard products such as doors, cabinets, timber blocks, roofs and other wood products. Plastic-laminated kitchen units are also designed and produced for the construction sector. Other supplementary products are also manufactured.
The third production unit is specialized in custom-made furniture, traditional design and handiwork. The manufacture of the traditional Najd style furniture is an exclusive to the company where engraving talents is produced. The company manufactures and installs doors made to British fire-fighting standards and can resist fire for up to 120 minutes. The company raw products are received from many timber exporting countries around the world. The finished products are distributed to many retailers and constructions companies in Saudi Arabia and the Middle East.
Saudi Industrial Paint Company
The Saudi Industrial Pains Company Limited, widely known as SIPCO, was established in 1982 to become a leading manufacturer of high quality paints, sealants, insulators and adhesives. In 1992 the company was acquired by the Al-Muhaidib Group.
Since then, SIPCO has adopted the latest technologies to manufacture high quality products. As a result, SIPCO has always excelled in this filed and has become a business partner to major companies such as Akzo Nobel, Holda and Digway C.E. of the United States.
Since its inception, SIPCO has consistently maintained and excellent performance as a result of which the company was accredited ISO 9001. Furthermore, SIPCO was granted the Saudi Quality Award.
Products are classified as interior, exterior protective paints and industrial paints. Additionally, the company operates an electronic coloring system providing more than 100,000 different colors.
SIPCO’s research and development program has ensured the company a leading position in terms with future market requirements. The company currently plays a leading role in foreign trade with products currently exported to more than 12 countries.
Al-Muhaidib Food Industries
With a 20,000 square meters complex this company produces various sweets and snacks, breakfast cereals, powder juices and vinegar, etc. which are exported throughout the Gulf.
Al-Muhaidib Food Industries Company produces more than 20 different products by using the latest German production technology. Due to its dedication to total quality, the company’s products are easily distinguished from the competition. It continually seeks ways of making beneficial improvement to its product range. Al-Muhaidib Food Industries company has deployed a highly effective sales force throughout the Kingdom of Saudi Arabia whose primary role is to anticipate the needs of the customers and satisfying them through a combination of their courtesy, professionalism and high quality of Al-Muhaidib Food Industries products.
United Feed Company
The United Feed Company was established in Jeddah in 1983, with branches subsequently opened in Dammam, Jubail, Jaizan, Dhib’a, Yanbu and Wadi Fatima where the company operates processing stations and bulk grain storage facilities, especially for barley. Also, the company operates its own modern unloading port facilities, replacing obsolete sack packaging method.
The total annual capacity of the state-of-the-art stations is nearly 3.5 million tons. The efficiency of the company and the staff encouraged a major government establishment, namely the General Corporation for grain silos and flour mills to enter into a ten-year contract with the United Feed Company.
The company’s short-term plans include expansion in, and diversification of raw material sources with the intent of subsequent establishment of advance feed processing technologies.
Commercial Holdings
Al-Muhaidib Building Meterials
Since its inception 40 years ago, Al-Muhaidib Building Materials the company has worked towards market prominence and excellence. Today the company has more than 600 employees working in over 40 branches over Saudi Arabia with over 1 million square meters of storage capacity. The company is supported with a huge fleet of vehicles, machinery and equipment to help work with the stock of products exceeding 4,000 items with wide representation of leading international and local manufactures.
The company works with steel products including a reinforcement steel and industrial steel such as hollow steel, beams, plate iron, pipes, angles, coiled, mesh wires and other metal products. The company also supplies wood products made from imported timber from Romania, Russia, Sweden, Finland, Canada, Austria, Chile, etc. The company also works with other products such as water and thermal insulators.
Al-Muhaidib Hardware Company
The steady success in hardware trading has encouraged the Al-Muhaidib Hardware to setup divisions exclusively for supplying contractors, builders and wood manufactures with hardware accessories.
Throughout its history, the company has witnessed the economic development of the region and, for the last half century, has been contributing to its growth. As a result, the company deemed to be a vital partner to the business sector and a reliable supporter of development projects.
In order to cover a wider geographical area, Al-Muhaidib Hardware has established over 42 showrooms throughout the Kingdom, offering nearly 20,000 different hardware items.
Al-Muhaidib Hardware Company acts as the Agent for many world-class brands of hardware products and therefore has a vital role in the implementation of major projects within and outside the Kingdom of Saudi Arabia.
Al-Muhaidib Grains
Dealing in all kinds of grain especially rice worldwide, with own distributorship through various agents. With eight international offices for sales & marketing their own products as well as private labels.
Giant Stores
The Giant Store is a popular supersize market and retail store in Saudi Arabia and other Middle East countries. The Giant Stores Company was established in 1990 as a 100% Saudi capital enterprise, wholly owned by the Al-Muhaidib Group of Companies.
The first branch was opened in Dammam in 1992, with another 20 branches currently located throughout the Saudi Arabian eastern, central, western, and southern provinces. Additionally, Giant Stores has regional an extension in Lebanon under the United Central Markets Company. Other stores have opened within the GCC countries including Qatar and Bahrain.
The Giant Store embraces more than 80,000 different items of consumer commodities, such as household goods, clothing, etc., with high quality fresh vegetables, fruits, meat, fish and a wide range of Arabian and European bread.
Shopping at the Giant Stores has a special attraction, especially for children accompanying their parents, with the “Giant Fun” unites, a mini indoor theme park that has mini roller coasters, water slides and other theme park games.
A Private training center has been established where 3,500 employees in management, purchasing and distribution. Additionally, the Giant Stores Company has its own research and business development center.
Al-Muhaidib Foods
In Saudi Arabia, and the GCC, one of the fastest growing companies within the Al-Muhaidib Group is “Al-Muhaidib Foods”. 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 spices, tea, and much more, the company continues its strategy of acquiring national and international products. This has resulted in developing a vast network of sales offices, each targeting the needs of its customers. This growth has led to the availability of Al-Muhaidib Foods products in every food outlet throughout the Kingdom.
Alongside its retail and distribution operation, Al-Muhaidib Foods imports specialized products. The company has a strict policy of importing only the best quality from internationally renowned suppliers. Therefore, Al-Muhaidib Foods enjoys being and agency of one of the biggest millers in the world which carries exclusive brands. Its efficient sales and marketing staff continues to be at the forefront of the company’s phenomenal sales growth.
Al Oula Development
Aloula Development Company (Saudi sector of Emaar Properties) quests adopting a new conception on in the sector of real estate and housing services, in addition to its struggle for catering a new model for new real estates Saudi Companies. The company had surpassed various stages, preceding its inception, stating with the inauguration of various projects. The market's study and evaluation was one of the most important stages. The Company has in this respect, established specialized workgroups, not only in the Kingdom but also at the level of the Gulf and Arab Countries.
Those who are following up the real estate in the company must have easily come to identify the nature of company's trends and its quest for excellence and toward achieving the best revenues and development in real estate business. To achieve such results, the company has always been keen in establishing strong strategic relations with all real estate investment corporations in the region. At the internal or domestic level, the company has succeeded in obtaining the best marketing contracts and marketing alliances. The company's concern of marketing is for the purpose of adding a new trend in the field of real estate marketing. Success in investment projects proves the consistency of work and the new additions to the real estate activity in the Middle East.
Al-Muhaidib Technical Supplies
The company was established for more than thirty years. There are many branches in the main cities of Saudi Arabia such as Riyadh, Jeddah and Dammam. The main warehouse area is around 30,000 square meters and it accommodates up to 17,000 items including different types of fixing material such as bolts, nuts, washers and fasteners with accessories made of iron, steel, copper, aluminum, plastic and a verity of galvanization.
The company has become a major specialist in the field of bolts, nails and fixing material and a major supplier for many national factories and major companies in Saudi Arabia and neighboring countries.
Al-Muhaidib Contracting Co.
This Company is responsible for construction work throughout the Kingdom of Saudi Arabia and the Gulf Region. With workforce of more than 1,000 employees, the company has participated in major construction projects for large Government establishments and other corporations in Saudi Arabia including Saudi Aramco, the Saudi Consolidated Electric Company and the Saline Water Conversion Corporation.
Projects constructed by the company includes water treatment plants and networks, construction of schools, banks, housing projects, shopping centers, warehouses and office blocks. Al-Muhaidib contracting has been engaged in strategic projects inline with the recent privatization concept adopted by the successful bidder for the rehabilitation and upgrade of Jeddah Industrial City wastewater management system using BOT technique. The project was a first of its kind in Saudi Arabia.
The company also constructs projects utilizing special techniques like construction of pipelines using micro-tunneling, which is a non-intrusive method that negate the need for open trench excavation.
In line with adopting the latest technologies in construction, Al-Muhaidib contracting recently obtained sole agency for the Middle East and North Africa for specialized fire fighting systems mainly used in the oil and gas industry. The company represents two leading companies in this discipline, Water Mist Engineering (WME) of Norway and Ultrafog of Sweden.
See also
External links
(For a full list of companies please refer to the Group Site.)