Latest news with #ZaidGhoul
Zawya
24-03-2025
- Business
- Zawya
SNB Capital advises Rajhi Invest on the divestment of 40% stake in Berain Water Company
RIYADH, Saudi Arabia: SNB Capital acted as the sole financial advisor of Mohammed Abdulaziz Al-Rajhi & Sons Investment Company ('Rajhi Invest') on the divestment of its 40% minority interest in Berain Water Company ('Berain'), to Hassana Investment Company ('Hassana') the investment manager of Saudi Arabia's General Organization for Social Insurance ('GOSI'). Berain is a key player in the bottled water sector in Saudi Arabia, offering its products under a well-established multi-brand portfolio. The company has a fully integrated business model, strategically positioned to leverage its robust manufacturing capabilities, efficient procurement processes, and an extensive logistics and distribution network. Within three state-of-the-art factories located in Riyadh and Jeddah, along with 24 storage and warehousing facilities across various cities in Saudi Arabia, Berain is well-equipped to meet the growing demand for its products across the Kingdom. Commenting on the transaction, Zaid Ghoul, Managing Director and Head of Investment Banking at SNB Capital said 'The transaction comes as the Saudi consumer sector continues to present excellent growth opportunities driven by strong demographics and supplemented by significant and growing tourism inflows. Additionally, the bottled water industry benefits from increasing health awareness on the back of Vision 2030 initiatives to reduce consumption of sugary beverages and continuous investments in health infrastructure including fitness and recreational facilities. The transaction aligns Hassana's long term investment strategy in the consumer sector with Rajhi Invest's track record of building successful industrial players, and is an excellent partnership platform between the stakeholders'. SNB Capital continues to play a leading role offering strategic support and financial expertise in mergers and acquisitions, in addition to its visible role in equity and debt capital market, corporate finance and debt advisory. SNB Capital remains committed to helping companies expand and achieve their ambitions. About SNB Capital: SNB Capital Company, a licensed entity by Capital Market Authority (CMA), is a leading regional financial institution with deep industry expertise across five business lines: Asset Management, Wealth Management, Securities, Investment Banking, and Principal Investments. SNB Capital is the top ranked broker in terms of market share on the Saudi Exchange as of December 2024, and the largest asset manager in Saudi Arabia with SAR 239 billion (USD 63.73 billion) of assets under management as of March 2024. Further information is available at Follow SNB Capital on X @Capital_SNB. For media or general inquiries contact: snbccom@
Zawya
24-03-2025
- Business
- Zawya
SNB Capital plays advisor to Rajhi Invest on Berain stake deal
Saudi Arabia - SNB Capital, a leading regional financial institution, said it had acted as the sole financial advisor of Mohammed Abdulaziz Al Rajhi & Sons Investment Company (Rajhi Invest) on the divestment of its 40% minority interest in Berain Water Company to Hassana, the investment manager of Saudi Arabia's General Organization for Social Insurance (GOSI). Berain is a key player in the bottled water sector in Saudi Arabia, offering its products under a well-established multi-brand portfolio. The company has a fully integrated business model, strategically positioned to leverage its robust manufacturing capabilities, efficient procurement processes, and an extensive logistics and distribution network. Within three state-of-the-art factories located in Riyadh and Jeddah, along with 24 storage and warehousing facilities across various cities in Saudi Arabia, Berain is well-equipped to meet the growing demand for its products across the Kingdom. On the transaction, Zaid Ghoul, Managing Director and Head of Investment Banking at SNB Capital said 'The transaction comes as the Saudi consumer sector continues to present excellent growth opportunities driven by strong demographics and supplemented by significant and growing tourism inflows. Additionally, the bottled water industry benefits from increasing health awareness on the back of Vision 2030 initiatives to reduce consumption of sugary beverages and continuous investments in health infrastructure including fitness and recreational facilities. The transaction aligns Hassana's long term investment strategy in the consumer sector with Rajhi Invest's track record of building successful industrial players, and is an excellent partnership platform between the stakeholders'. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
23-03-2025
- Business
- Trade Arabia
SNB Capital plays advisor to Rajhi Invest on Berain stake deal
SNB Capital, a leading regional financial institution, said it had acted as the sole financial advisor of Mohammed Abdulaziz Al Rajhi & Sons Investment Company (Rajhi Invest) on the divestment of its 40% minority interest in Berain Water Company to Hassana, the investment manager of Saudi Arabia's General Organization for Social Insurance (GOSI). Berain is a key player in the bottled water sector in Saudi Arabia, offering its products under a well-established multi-brand portfolio. The company has a fully integrated business model, strategically positioned to leverage its robust manufacturing capabilities, efficient procurement processes, and an extensive logistics and distribution network. Within three state-of-the-art factories located in Riyadh and Jeddah, along with 24 storage and warehousing facilities across various cities in Saudi Arabia, Berain is well-equipped to meet the growing demand for its products across the Kingdom. On the transaction, Zaid Ghoul, Managing Director and Head of Investment Banking at SNB Capital said 'The transaction comes as the Saudi consumer sector continues to present excellent growth opportunities driven by strong demographics and supplemented by significant and growing tourism inflows. Additionally, the bottled water industry benefits from increasing health awareness on the back of Vision 2030 initiatives to reduce consumption of sugary beverages and continuous investments in health infrastructure including fitness and recreational facilities. The transaction aligns Hassana's long term investment strategy in the consumer sector with Rajhi Invest's track record of building successful industrial players, and is an excellent partnership platform between the stakeholders'.
Zawya
18-03-2025
- Business
- Zawya
SNB Capital successfully leads advisory for Entaj's SAR450mln Market Debut IPO
RIYADH, Saudi Arabia: SNB Capital has successfully completed its advisory services for the Initial Public Offering (IPO) of Arabian Company for Agricultural and Industrial Investment (Entaj), marking another milestone in Saudi Arabia's capital markets. The final share price was set at SAR 50 per share, raising a total of SAR 450 million (USD 120 million). A total of 9 million shares, representing 30% of Entaj's share capital, were offered, with 90% allocated to institutional investors and the remaining 10% reserved for individual investors. Following a highly successful book-building process, institutional investors oversubscribed the offering by more than 208 times and retail investors by more than 30 times. SNB Capital acted as financial advisor, lead manager and underwriter for the transaction. Zaid Ghoul, Head of Investment Banking at SNB Capital commented: "The overwhelming response to Entaj's IPO underscores the confidence investors have in Saudi Arabia's capital markets, which offer dynamic growth opportunities. We are pleased to have provided our advisory services to Arabian Company for Agricultural and Industrial Investment (Entaj), which joins a growing client base that views SNB Capital as a trusted partner for strategic support and financial expertise. Whether through public or private offerings, debt financing advisory, mergers and acquisitions, or debt issuance, we remain committed to helping companies expand and achieve their ambitions.' With a 7.6% share of the Kingdom's poultry market, Entaj's IPO contributes to expanding investment opportunities in the sector and enhancing its competitiveness. About SNB Capital: SNB Capital Company, a licensed entity by Capital Market Authority (CMA), is a leading regional financial institution with deep industry expertise across five business lines: Asset Management, Wealth Management, Securities, Investment Banking, and Principal Investments. SNB Capital is the top ranked broker in terms of market share on the Saudi Exchange as of December 2024, and the largest asset manager in Saudi Arabia with SAR 239 billion (USD 63.73 billion) of assets under management as of March 2024.
