Haji Abdullah Alireza & Co

What Haji Abdullah Alireza & Co does

Haji Abdullah Alireza & Co. (HAACO, also known as House of Alireza) is a privately held, family-owned diversified Saudi holding company founded in 1845 in Jeddah, holding the Kingdom's first commercial registration. The company operates across eight primary business sectors through wholly-owned subsidiaries and joint ventures: aviation fuel supply and lubricant manufacturing (APSCO, formerly a Mobil/ExxonMobil JV, now 100% Saudi-owned since 2007); container terminal management and inland logistics (ADTC, 100% Saudi-owned since 1998); packaging manufacturing (Saudi Can Co.); telecommunications and security systems (GENTEC); travel and tourism (ATT, IATA-accredited); real estate management (Golden Palm Mall, Khamis Mushayt compound, HAACO HQ Tower); and 49%-owned water treatment O&M (HAAISCO, JV with Spain's FCC Aqualia, ISO 9001/18001/14001 certified). It also holds a 35% consortium stake in the SAR 2.57 billion Ras Mohaisen Independent Water Desalination Project alongside ACWA Power.

HAACO's revenue model combines transaction-fee services (aviation fuel, lubricants, shipping agency fees, freight logistics, travel bookings) with managed services contracts (desalination and wastewater O&M) and long-term BOO/BOOT concessions under Saudi's SHARAKAT PPP platform, which is backed by approximately SAR 60 billion of public investment this decade. Distribution is anchored by exclusive agency agreements with more than 13 international shipping lines including NYK (since the 1960s), Hapag Lloyd, ONE, COSCO, ASYAD, Sidra Line, and Samudera. Key customers are concentrated in Saudi government and quasi-government entities: Saudi Ports Authority (Mawani), National Water Company, King Abdulaziz International Airport, the Armed Forces, and Saudi Aramco-qualified transport services.

The go-to-market is enterprise field sales with B2B direct relationships, supplemented by PPP consortium arrangements. Pricing is not publicly disclosed and operates on quote-based enterprise contracts and concession agreements. The company maintains offices in Jeddah (headquarters), Dammam, Khamis Mushayt, Riyadh, and Al Khobar, with 1,001-5,000 employees and approximately 180 years of continuous operating history.

Name

Haji Abdullah Alireza & Co

Legal name

Haji Abdullah Alireza & Co. Ltd.

Website

https://alireza.com

Company type

Private

Founded year

1845

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Haji Abdullah Alireza & Co. is a family-owned Saudi holding company founded in 1845, operating aviation fuel/lubricants (APSCO), maritime agency (13+ global shipping lines), logistics (ADTC), water treatment (HAAISCO), packaging, telecom (GENTEC), real estate, and travel, serving Saudi government, Aramco, and industrial customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Aviation Fuels and Lubricants: Through APSCO (100% owned), the company supplies aviation fuel at airports and manufactures lubricants under ExxonMobil license. Revenue generated from fuel supply contracts and lubricant sales.
2. Shipping Agency and Maritime Services: As exclusive agent for multiple shipping lines (NYK, Hapag Lloyd, ONE, COSCO, ASYAD, Sidra Line, Samudera, BLPL, Lineage, Vistar, Prime Maritime, Folk Maritime), the company earns agency fees for freight forwarding, logistics support, and maritime services including UAE marine bunkering operations.
3. Transportation and Logistics: Through ADTC (100% Saudi-owned), provides inland transportation, container terminal management, customs clearance, and logistics support. Operations at Dammam port with 50,000 sqm storage capacity.
4. Water Treatment O&M Services: Through HAAISCO joint venture (49% HAACO), provides operations and maintenance services for desalination and wastewater treatment plants under long-term service contracts.
5. Real Estate: Real estate division manages facilities including Golden Palm Mall (33,000 sqm in Jeddah), Khamis Mushayt residential compound (96,500 sqm), and HAACO HQ Tower (14,500 sqm, 17 floors) generating rental income.
6. Technology and Telecommunications: Through GENTEC, provides telecommunications infrastructure projects including network systems, airport communications, security systems, and fire fighting systems for government and industrial clients.
7. Packaging Manufacturing: Through Saudi Can Co., manufactures and supplies tin, plastic and composite containers to lube oil marketers, food products, aerosol cans, and multilayer co-extruded containers for agrochemicals.
8. Travel and Tourism: Through ATT (Alireza Travel & Tourism), provides travel agency services including air bookings, hotel reservations, car rentals, and holiday packages. IATA accredited agency with Galileo and Amadeus GDS systems.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels3 records

Core offering

HAACO is a diversified holding company operating across aviation fuel supply and lubricant manufacturing (APSCO), exclusive shipping agency services for major international carriers, water desalination and wastewater treatment O&M (HAAISCO), container terminal management and inland transportation (ADTC), packaging manufacturing (Saudi Can), telecommunications infrastructure (GENTEC), real estate management, and IATA-accredited travel services (ATT). The company serves enterprise and government clients across Saudi Arabia with a focus on industrial, maritime, and infrastructure services.

Differentiator

Problem solved

Functional benefit

Brands

• APSCO: Arabian Petroleum Supply Co. - Aviation fuel supply and lubricant manufacturing under ExxonMobil license
• HAAISCO
• Saudi Can
• GENTEC
• ATT (Alireza Travel & Tourism)
• HAACO Real Estate
• Lube Blending Plant
• ADTC (Alireza Delta Transport)

Products and services

• Aviation Fuel Supply and Lubricant Manufacturing (APSCO) Aviation fuel supply at Saudi airports and ExxonMobil-branded lubricant manufacturing and distribution, with a Lube Blending Plant capacity of 350,000 barrels per annum in Jeddah Industrial Estate. Serves aviation operators, industrial customers, and lubricant marketers.
• Exclusive Shipping Agency Services Exclusive shipping agency representation in Saudi Arabia for 13+ major international carriers including NYK, Hapag Lloyd, ONE, COSCO, ASYAD, Sidra Line, Samudera, BLPL, Lineage, Vistar, Prime Maritime, and Folk Maritime, providing freight forwarding, port call coordination, and logistics support services.
• Container Terminal Management and Inland Transportation (ADTC) Container terminal management at Dammam port with 50,000 sqm storage capacity, inland transportation, customs clearance, and logistics support. ISO 9001:2000 certified and Saudi Aramco-qualified.
• Water Desalination and Wastewater Treatment O&M (HAAISCO)

Quantifiable outcome

• Ras Mohaisen Desalination Project will produce 300,000 m³/day with 30MW renewable energy, creating significant water infrastructure capacity
• +2 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

18 partnerships are on record, tiered core and major.

• ACWA PowercoreStrategic or Co-development Partner · 29 December 2025Consortium leader (45% stake) in Ras Mohaisen Independent Water Desalination Plant Project. HAACO holds 35% stake in this SAR 2.57 billion ($686 million) project. ACWA Power leads development of BOO model desalination plant producing 300,000 m³/day in Al-Qunfudhah, Makkah Region.
• AlKifah HoldingcoreStrategic or Co-development Partner · 29 December 2025Consortium partner (20% stake) in Ras Mohaisen Independent Water Desalination Plant Project alongside ACWA Power (45%) and HAACO (35%). Total investment SAR 2.57 billion.
• FCC AqualiacoreStrategic or Co-development PartnerSpanish partner owning 51% of HAAISCO (water treatment O&M joint venture). HAACO holds 49%. HAAISCO specializes in desalination plant and industrial wastewater treatment operations. ISO 9001/18001/14001 certified operations.
• ExxonMobilcoreStrategic or Co-development PartnerLicensor for aviation fuel and lubricant operations through APSCO. Original joint venture established 1961 with Mobil Oil; HAACO acquired 100% ownership of APSCO in 2007. APSCO operates under ExxonMobil technology and branding.
• SHARAKAT (Saudi PPP Platform)coreGTM or Marketing PartnerPrincipal buyer of desalinated water and PPP procurement arm in Saudi Arabia. Oversees delivery of eight large desalination plants, strategic reservoirs and transmission pipelines backed by SAR 60 billion investment. HAACO participates through consortium projects.
• SWPC (Saudi Water Partnership Company)coreGTM or Marketing PartnerGovernment entity acting as off-taker for desalination projects. Reached financial close on Ras Mohaisen project with HAACO consortium. Provides sovereign-backed revenue contracts under BOO/BOOT models with concession terms up to 25 years.
• NYK LinecoreChannel Partner/ Reseller/ DistributorExclusive agent in Saudi Arabia for NYK Line (Japanese shipping company founded 1885). HAACO has been agent since the 1960s.
• Hapag LloydcoreChannel Partner/ Reseller/ DistributorExclusive agency in Riyadh for Hapag Lloyd (global shipping leader operating 299 vessels, serving 600+ ports worldwide).
• ONE (Ocean Network Express)coreChannel Partner/ Reseller/ DistributorShipping agency for ONE (formed 2017 from merger of 'K' Line, MOL, NYK). HAACO has been running the shipping alliance since its launch in 2018.
• COSCO ShippingcoreChannel Partner/ Reseller/ DistributorStrong partnership with COSCO SHIPPING Lines (operates 426 vessels, 2.3 million TEU capacity, serving 638 ports in 146 countries).
• ASYAD Shipping LinecoreChannel Partner/ Reseller/ DistributorExclusive agent in Saudi Arabia for ASYAD Line (arm of Oman-based ASYAD Group), providing Gulf Express Service between UAE and Oman ports.
• Sidra LinecoreChannel Partner/ Reseller/ DistributorExclusive agent in Saudi Arabia for Sidra Line (established Istanbul 2021), providing innovative logistics solutions for shipping sector.
• Samudera Shipping LinecoreChannel Partner/ Reseller/ DistributorExclusive agency in Jeddah for Samudera Shipping Line (Singapore-listed, established 1993), serving Southeast Asia, Indian Subcontinent, Far East, and Middle East routes.
• Vision InvestmajorStrategic or Co-development PartnerConsortium partner in SHARAKAT PPP desalination projects including Juranah, Rayis-Rabigh and Rabigh 4 desalination plants under long-term BOOT concessions.
• TAQAmajorStrategic or Co-development PartnerConsortium partner in SHARAKAT PPP desalination projects including flagship Juranah, Rayis-Rabigh and Rabigh 4 developments.
• Alkhorayef Water and Power TechnologiesmajorStrategic or Co-development PartnerConsortium partner in SHARAKAT PPP desalination projects. Participating in development of desalination assets under long-term build-own-operate-transfer concessions.
• CobramajorStrategic or Co-development PartnerConsortium partner in SHARAKAT PPP desalination projects. Involved in development of major desalination plants under concession arrangements.
• National Water CompanycoreStrategic or Co-development PartnerMember of several consortia awarded Management, Operations and Maintenance contracts by the National Water Company for the Southern and Northern Clusters of wastewater treatment facilities.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• GAC Group: Global shipping, logistics, and marine services provider with strong Middle East presence including Saudi Arabia. Direct comparable to HAACO's shipping agency and freight forwarding business, offering similar port-call, husbandry, and agency services to international carriers.
• Inchcape Shipping Services: Leading maritime services provider offering port agency, vessel husbandry, and offshore support globally. Directly comparable to HAACO's exclusive shipping agency model, serving the same global carrier base with regional port-call expertise.
• Zahid Group: Major Saudi diversified conglomerate spanning construction, energy, transportation, and hospitality. Comparable to HAACO's diversified family-owned model with overlapping commercial vehicle, logistics, and energy-related distribution activities in Saudi Arabia.
• Al Ghurair Group: UAE-based diversified conglomerate with 60+ businesses across food, construction, real estate, and logistics. Compares to HAACO's diversified family-owned model, though with different geographic anchor; overlaps in shipping-related services and government-backed infrastructure.
• Yusuf Bin Ahmed Kanoo Group: One of the largest independent family-owned conglomerates in the Gulf, founded in 1895 in Bahrain with deep Saudi operations. Comparable to HAACO across shipping agency, lubricants, travel, logistics, and energy services — directly overlapping in maritime and fuel distribution across the GCC.
• Almabani Group: Saudi Arabian diversified holding with interests in construction, real estate, oil & gas services, and trading. Comparable to HAACO as a long-established Saudi family conglomerate with government contract exposure across infrastructure sectors.
• Wilhelmsen Ships Service: Norwegian-headquartered global maritime services provider offering ship agency, technical services, and products to shipping lines. Closely comparable to HAACO's exclusive agency role for international carriers in Saudi ports.

Others

• ACWA Power: Saudi-listed power and desalination developer leading the Ras Mohaisen consortium where HAACO holds 35%. Functions as both consortium partner and a thematic peer in the Saudi PPP water/power infrastructure build-out underpinning HAACO's growth.

Emerging players

• Marafiq: Saudi-listed integrated water and power utility serving industrial cities including Jubail and Yanbu. Overlaps with HAACO's HAAISCO O&M business in industrial wastewater treatment for oil & gas and industrial city clients.

Regional players

• Bahri (Saudi Arabia): Saudi Arabia's national shipping carrier and a global leader in VLCC crude transport. Regional peer with maritime focus comparable to HAACO's shipping agency lines, though state-owned and asset-heavy vs HAACO's agent model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Haji Abdullah Alireza & Co