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)and his son "later on" Khaled S. Olayan (July 4, 1945 - present)[1] . 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, 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 BP Solar, Credit Suisse, MetLife, JP Morgan, Coca-Cola, Bechtel, Kimberly-Clark,Sama Airlines, Colgate-Palmolive, CS First Boston, Toshiba, VW, Xerox, Burger King, Kraft Foods, Baxter International, Cardinal Health, Scania AB and much more.
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, Asia and the Middle East. The Group prides itself on its global perspective in its approach to investing across asset classes and geographies.
[edit] References
- ^ www.olayan.com/
