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Joint Ventures

Meanwhile, Suliman was also developing key business alliances, pioneering in Saudi Arabia the concept of strategic partnerships. Through GTC and GCC he acquired exclusive distributorships for Kimberly-Clark, General Foods, Pillsbury, Hunt Wesson, Cummins Engine, Kenworth and Atlas Copco.

In 1969, The Olayan Group obtained a license from Kimberly-Clark to construct the first paper tissue converting plant in Saudi Arabia. That same year, GTC established one of the first cold storage and meat processing plants in the Kingdom. The Group also played a leading role with Saudi and foreign investors to establish a large factory for manufacturing plastic pipe and fittings.

By the late 1980s, The Olayan Group focused on light manufacturing and franchising in the Middle East.

Photo: An Olayan JV manufactures aluminum cans in the Eastern Province.

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Joint Ventures