What Al Qahtani Holding does

Al Qahtani Holding is a privately held, family-owned Saudi Arabian industrial conglomerate founded in 1948 and headquartered in Dammam, operating across beverages, can manufacturing, oil and gas services, mining, and real estate. Its beverage arm, Al Qahtani Beverages (established 1982), holds the exclusive PepsiCo bottling appointment for southern Saudi Arabia and produces over 500 million drinks per year for approximately four million consumers through a regional warehouse network covering Jizan, Najran, Mohail, Modailef, Baha, Bisha, and Khomaseen, with an estimated ~80% market share in its territory. The group also bottles PepsiCo products in Jordan through Jordan Ice & Aerated Water Company, a 52/48 JV with PepsiCo International formed in 2017.

Complementing the beverage franchise, the group's industrial operations include Consolidated Can Manufacturing (CCMC), a Jeddah-based aluminum can plant with 1.5 billion cans per year capacity opened in 2015 that supplies internal bottling operations as well as PepsiCo bottlers globally; Al Qahtani Maritime, which provides drilling, equipment supply, installation, and maintenance services to Saudi Aramco from a 24/7 facility near Dammam Port; Saudi Comedat, a full-service open-pit mining contractor serving Ma'aden's Al Jalamid and Waad Al Shamal phosphate projects; CemServ, a manufacturer of conveyor belt rollers and vibrating screen mesh; SledgeHammer Oil Tools, a Saudi Aramco-approved, API-certified cementing tools JV; and REFAD Real Estate, which develops residential, commercial, hospitality, and industrial properties. Revenue is generated through a mix of consumer beverage sales, contract-based industrial services, manufactured component sales, real estate development, and international can exports, with approximately 2,000 employees and over a third of the workforce being Saudi nationals, in alignment with Vision 2030 localization objectives.

Name

Al Qahtani Holding

Legal name

Al Qahtani Holding

Website

https://aqh.com.sa

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Al Qahtani Holding is a Saudi family-owned industrial conglomerate founded in 1948, operating PepsiCo's exclusive beverage bottling franchise in southern Saudi Arabia and Jordan, plus can manufacturing, oil and gas services for Saudi Aramco, mining services for Ma'aden, and real estate development.

Ownership category

akta.pro rank

Product category

Diversified Industrial Conglomerate

NAICS

Soft Drink and Ice Manufacturing (31211), Beverage Manufacturing (3121), Alumina and Aluminum Production and Processing (33131)

SIC

Bottled & Canned Soft Drinks & Carbonated Waters (2086), Metal Cans (3411), Beverages (2080)

akta.pro primary industry

Aluminum Can Filling & Seaming Operations (AFAFAJAC)

akta.pro secondary industries

Beverage Cans (Aluminum & Steel) (IMALADAA), Private Label Beverage Manufacturing (Retail/Brand-Owned Formulations) (AFAFAIAL)

Keywords

• Industrial conglomerate
• Beverage bottling
• Can manufacturing
• Oil and gas services
• Contract mining services

Headquarters

HQ city

Al Khobar

HQ country

Saudi Arabia

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Beverage Production and Distribution: Production and distribution of carbonated and non-carbonated beverages including PepsiCo brands (Pepsi, 7Up, Mirinda, Mountain Dew, Tropicana, Lipton Ice Tea, Aquafina) through exclusive bottling agreements in southern Saudi Arabia and Jordan. Revenue from direct sales to consumers and retailers across the southern region.
2. Can Manufacturing: Manufacturing and sale of cans to Al Qahtani Beverages, PepsiCo Jordan, and other PepsiCo bottlers worldwide (USA, Russia, Germany, Lebanon, Bahrain). Production capacity of up to 1.5 billion cans per year from Jeddah facility.
3. Oil and Gas Services: Provides drilling operations services, equipment and chemical supply, installation and assembly services, and engineering and maintenance services for onshore and offshore oil and gas operations in Saudi Arabia.
4. Mining Services: Contract mining services including mine design, planning, infrastructure construction, operations and maintenance, and environmental mitigation. Major projects include Al Jalamid phosphate mine and Waad Al Shamal phosphate project for Ma'aden.
5. Industrial Manufacturing Components: CemServ manufactures specialized components for bulk material handling industries (conveyor rollers, screen mesh, industrial components) for cement, mining, and oil and gas sectors, along with engineering consultation and maintenance services.
6. Real Estate Investment and Development: REFAD invests in and develops real estate projects including entertainment, hospitality, industrial, and administrative properties. Projects include REFAD Sky Arc, REFAD Cold Storage, REFAD Square commercial complex, and REFAD Residential Complex.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Al Qahtani Holding is a diversified industrial conglomerate operating across beverage production and distribution (PepsiCo bottling in southern Saudi Arabia and Jordan), aluminum can manufacturing (up to 1.5 billion cans/year), oil and gas field services, contract mining services, industrial manufacturing components (conveyor rollers, screen mesh), and real estate development. The group serves both B2B enterprise clients (Saudi Aramco, Ma'aden, international PepsiCo bottlers) and B2C consumers through an extensive regional distribution network.

Product overview

Al Qahtani Holding is a diversified Saudi Arabian conglomerate operating across three main sectors: Beverages (production and distribution of carbonated and non-carbonated beverages via Al Qahtani Beverages, Consolidated Can Manufacturing, and Jordan Ice & Aerated Water); Oil & Gas Services and Mining/Manufacturing (providing mining services through Saudi Comedat, manufacturing components via CemServ, maritime oil field services through Al Qahtani Maritime, mining investments via Central Mining Holding, and cementing tools through SledgeHammer joint venture); and Real Estate (property development via REFAD). The company operates primarily in Saudi Arabia with international presence in Jordan.

Differentiator

Problem solved

Functional benefit

Brands

• Aquafina: Pure drinking water brand distributed by Al Qahtani Beverages in southern Saudi Arabia
• Aquafina Jordan
• REFAD

Products and services

• Al Qahtani Beverages Leading producer and distributor of carbonated and non-carbonated beverages in southern Saudi Arabia, producing over half a billion drinks per year for approximately four million consumers. Brands include Pepsi, 7Up, Mirinda, Mountain Dew, Tropicana, Lipton Ice Tea, and Aquafina.
• Consolidated Can Manufacturing (CCMC) Canning manufacturing division producing aluminum beverage cans with capacity up to 1.5 billion cans per year, serving internal beverage operations and external customers including PepsiCo bottlers worldwide.
• Jordan Ice & Aerated Water Company (JICE) Exclusive PepsiCo bottler in Jordan producing carbonated and non-carbonated beverages including Pepsi, Mirinda, 7Up, Mountain Dew, Rockstar, Lipton Ice Tea, and Aquafina water.
• Saudi Comedat Company Ltd. Large-scale full-service mining company providing complete mining services including mine design, planning, infrastructure construction, operations, maintenance, and environmental mitigation for open-pit mining projects in Saudi Arabia.
• CemServ (Cement Service Industries) Manufacturer of high-quality components for bulk material handling industries including conveyor belt rollers, vibrating screen mesh, and other components for cement, mining, and oil and gas sectors, along with engineering consultation and maintenance services.
• Al Qahtani Maritime Oil and gas field services provider offering drilling operations, equipment supply, installation and assembly services, and engineering and maintenance for onshore and offshore operations in Saudi Arabia.
• SledgeHammer Oil Tools International Manufacturer of cementing tools and casing accessories for oil and gas industries, producing centralizers, stop collars and other equipment API-approved and Saudi Aramco certified.
• REFAD Real Estate Real estate investment and development arm creating residential, commercial, hospitality, industrial, and entertainment properties in Saudi Arabia including REFAD Sky Arc, REFAD Square, and REFAD Cold Storage projects.

Quantifiable outcome

• ~80% market share in southern Saudi Arabia beverage distribution
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• PepsiCo InternationalflagshipStrategic or Co-development Partner · 1 November 2017In November 2017, Al Qahtani Group entered a strategic partnership with PepsiCo International. The partnership involves a joint venture in Jordan Ice & Aerated Water Company (JICE) with Al Qahtani holding 52% and PepsiCo 48%. This partnership includes the exclusive bottling of PepsiCo beverages in Jordan and has led to significant investment in production capacity, systems, and lines. The partnership also includes exclusive bottling arrangements in southern Saudi Arabia (since 1983) for brands including Pepsi, 7Up, Mirinda, Mountain Dew, Tropicana, Lipton Ice Tea, and Aquafina.
• SledgeHammer Oil ToolscoreStrategic or Co-development Partner · 1 January 2012Al Qahtani Holding partnered with SledgeHammer Oil Tools in 2012, establishing a joint venture company providing cementing tools and float equipment to the Gulf region and beyond. SledgeHammer has an unrivalled reputation as the largest producer and supplier of offshore and onshore cementing tools. A state-of-the-art manufacturing facility was opened in Al Khobar (2021) for cementing tools manufacturing. Al Qahtani Maritime also partners with SledgeHammer for cementing tools manufacturing plant.
• NOV (National Oilwell Varco)coreStrategic or Co-development PartnerAl Qahtani Maritime established a joint venture with NOV through Tubular Coating Solutions Limited (TCSL) in Khobar's 2nd industrial area to provide pipe coating services and new technology/products in corrosion control. This partnership brings advanced tubular coating technology to the Saudi market.
• Outotec Technology Saudi Co. LLCminorStrategic or Co-development PartnerCentral Mining Holding formed a partnership with Outotec Technology Saudi Co. LLC, a global leader in minerals and metals processing technology, to support its investment activities in the mining and petrochemical sectors in Saudi Arabia.
• Comedat (Jordan)coreStrategic or Co-development PartnerSaudi Comedat combines the contract mining expertise of Comedat (Jordan) with strategic business alliances within Saudi Arabia through Central Mining Holding (a division of Al Qahtani Holding). This partnership brings international mining expertise to Saudi Arabia's nascent mining industry.
• Kier PlcminorStrategic or Co-development PartnerSaudi Comedat combines expertise from Comedat (Jordan) and Kier Plc in addition to the Saudi Arabian market knowledge from Central Mining Holding, enabling world-class mining services delivery in Saudi Arabia.

Scale indicators7 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Crown Holdings: Global leader in metal packaging with operations in aluminum and steel beverage cans across the Americas, Europe, and MENA. Directly comparable to Al Qahtani's CCMC subsidiary, which competes with Crown for global beverage can supply contracts including to PepsiCo bottlers.
• Savola Group: Saudi publicly-listed diversified food/consumer/industrial conglomerate with operations in edible oils, foods, retail, and plastics. Comparable to Al Qahtani as a large diversified Saudi industrial group with consumer-facing units and a long family-business heritage.
• Arabian Drilling Company: Saudi-listed onshore and offshore drilling contractor serving Saudi Aramco and regional NOCs. Operates in the same services market as Al Qahtani Maritime with a comparable enterprise customer base and operational footprint.
• Ball Corporation: US-listed global manufacturer of aluminum beverage cans and aerospace technologies. Closest large-scale direct competitor to CCMC in the global aluminum beverage can market, with overlapping customer base of multinational beverage brands.
• Zahid Group: Privately held Saudi diversified industrial conglomerate with operations in construction, energy, mobility, and commodities. Closest privately held Saudi diversified industrial group peer to Al Qahtani in terms of conglomerate structure and family-ownership model.
• ADES Group Holding: MENA-focused offshore and onshore oil & gas drilling and production services provider, listed on Tadawul. Directly comparable to Al Qahtani Maritime as a regional oil & gas services peer serving Saudi Aramco and other Gulf operators.
• Dubai Refreshment Company: Exclusive PepsiCo bottler in the UAE since 1959, producing Pepsi, 7Up, Mountain Dew, Mirinda, and Aquafina. Operates as a direct regional peer to Al Qahtani Beverages in the MENA PepsiCo franchise bottling system with similar product mix and exclusive territory model.

Regional players

• AGTHIA Group: UAE-listed food and beverage conglomerate operating across snacks, dairy, juices, and bottled water. Comparable to Al Qahtani Beverages as a regional Gulf-based packaged food/beverage player serving similar consumer segments in adjacent geography.
• Tanmiah Food Company: Saudi-listed diversified food company with poultry, processed foods, and emerging F&B retail operations. Comparable as a Saudi diversified family-influenced consumer/industrial group, though smaller in beverage exposure than Al Qahtani.

Broad incumbents

• Almarai: Saudi-listed dairy and food giant, the largest vertically integrated dairy company in the world, with growing beverages and bakery segments. A much larger incumbent in the Saudi consumer goods market but comparable in scale and Vision 2030-aligned industrial footprint.

Market position

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AQG_Holding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al Qahtani Holding