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Savola Group
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EIB Offers €150m Loan for Dutch Company FrieslandCampina &
Jun 27, 2016The European Investment Bank (EIB) has granted a €150m loan for FrieslandCampina to conduct research and development activities in Europe. The loan marks the bank's first loan to a company in the Dutch agricultural sector. Founded ...
Tags: EIB, FrieslandCampina
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EBRD Invests $100m in United Sugar Company of Egypt
Apr 5, 2016The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
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Takween Completed The Transaction and Payment of Savola Packaging Group
Jan 6, 2015Saudi Arabia-based food producing firm Savola Group has agreed to sell its packaging unit Savola Packaging group to Takween for $242.46m (910m Saudi Riyals). The complete purchase price will be financed through a syndicate of Saudi banks, ...
Tags: plastic containers, barrels, bottles, covers, Agriculture
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Savola Group Has Entered The Final Round of Negotiations with Takween Advanced Industries
Dec 30, 2014One of Saudi Arabia’s largest food producing firms Savola Group has entered the final round of negotiations with Takween Advanced Industries for the sale of its packaging unit, Takween. Savola had announced the signing of a ...
Tags: food, retailing, Agriculture
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Takween Has Signed a MoU to Acquire Its Packaging Business for an Undisclosed Amount
Jul 25, 2014Plastic packaging company Takween Advanced Industries has signed a memorandum of understanding (MoU) with Saudi’s Savola Group to acquire its plastics and packaging business for an undisclosed amount. As part of the deal, Takween ...
Tags: Takween, packaging business, Packaging