Saleh Abdulaziz Al Rashed & Sons Co.

What Saleh Abdulaziz Al Rashed & Sons Co. does

Saleh Abdulaziz Al Rashed & Sons Co. (SAR) is a vertically integrated Saudi Arabian construction materials and heavy equipment supplier founded in 1975 and headquartered in Riyadh. The company produces aggregates (natural gravel, locally termed baqis) and hot-mix asphalt (Marshall and Superpave grades, up to 240 tons/hour capacity) from 7 quarry sites supported by 13 crushers and 4 asphalt plants, supplying marquee Saudi Vision 2030 mega-projects including Riyadh Metro, King Abdullah Financial District, the Red Sea Project, Qiddiya, Diriyah Gate, King Salman Park, and King Khalid International Airport. Beyond raw materials, SAR operates a local assembly and manufacturing arm producing its own SAR-branded Jaw, Impact, and Cone crushers, hydraulic hammers, mobile crushing plants, steel structures, truck bins, and tanks, and holds exclusive Saudi distribution rights for international equipment brands ASTEC (crushers), SPECO (asphalt plants), Wolf (rock drilling), D&G Machinery, NCP (grinding mills), Mr. Manhole, and Loctite maintenance products.

The business model combines direct enterprise field sales to mega-project contractors (project-based unit pricing for aggregates and asphalt, quotation-based pricing for equipment and spare parts often bundled with multi-year after-sales contracts) with a nationwide wholesale and spare parts network of 17 sales locations and 7 branches, supported by a logistics fleet of 563+ trucks and 700+ heavy equipment units. Customer concentration skews toward large enterprise and government-linked mega-project accounts, with 1,200+ clients cited across Saudi Arabia. Revenue streams span construction materials sales, equipment distribution, proprietary equipment assembly, and managed logistics services. The company recently completed its IPO on the Saudi Main Market (TASI) on March 11, 2026, at a market capitalization of approximately SAR 837 million, and is pursuing forward expansion into silica and calcium carbonate mineral products under mining licenses obtained 2022-2024, alongside initial international exploration via Mauritanian Embassy engagement in late 2025.

Name

Saleh Abdulaziz Al Rashed & Sons Co.

Legal name

Saleh Abdulaziz Al Rashed & Sons Co.

Website

https://salrashed.com.sa

Company type

Public

Founded year

1975

Operating status

Ipo

Headcount range

1,001–5,000 employees

Short description

Saleh Abdulaziz Al Rashed & Sons Co. is a Saudi Arabian vertically integrated supplier of construction aggregates and asphalt, and a manufacturer and exclusive distributor of branded crushing and drilling equipment, serving Vision 2030 mega-project contractors and mining operators nationwide.

Ownership category

akta.pro rank

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Construction Materials Sales (Aggregates and Asphalt): Sales of aggregate (natural gravel/baqis) and asphalt mix for construction, roads, runways, and major infrastructure projects. Aggregates segment is a cornerstone of construction and concrete projects with improved pricing and volume growth. Asphalt segment maintains stable margins through vertical integration with company-owned quarries.
2. Spare Parts, Crushers, and Heavy Equipment Distribution: Distribution of crusher spare parts, equipment, and heavy machinery, including exclusive partnerships with global brands ASTEC, SPECO, Wolf, MEKA, and others. Provides technical support, assembly, and after-sales services.
3. Manufacturing and Assembly: Manufacturing of proprietary crusher products (SAR Jaw, SAR Impact, SAR Cone, SAR Hydraulic Hammer), truck bins, water/fuel tanks, industrial waste bins, steel structures, bag filling stations, and conveyor belts. Also assembling mobile crushing plants locally.
4. Transportation and Logistics: Logistics and transport services supported by over 563 trucks and 700+ heavy equipment units. Provides integrated supply chain and delivery services to construction sites across Saudi Arabia.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Saleh Abdulaziz Al Rashed & Sons Co. operates across three integrated segments: (1) Construction Materials — production and supply of natural aggregates (baqis/gravel) and hot-mix asphalt (Marshall, Superpave, colored asphalt) for roads, runways, and infrastructure; (2) Capital Equipment — local assembly of SAR-branded crushers (Jaw, Impact, Cone, Hydraulic Hammer, SAR 1315 SLV Mobile Crusher) and exclusive Saudi distribution of ASTEC, SPECO, WOLF, D&G, NCP, Mr. Manhole, and Loctite products; (3) Services — spare parts supply, equipment setup and optimization, preventive maintenance, operator training, and logistics/transportation across a 563-truck fleet.

Product overview

Saleh Abdulaziz Al Rashed & Sons Co. (SAR) is a construction materials and heavy equipment company operating since 1975. The company operates a diversified portfolio consisting of three main segments: (1) Construction Materials including aggregates (natural gravel) and asphalt (hot mix products including Marshall and Superpave), (2) Own-brand crushing equipment including SAR Jaw Crushers, SAR Impact Crushers, SAR Cone Crushers, SAR Hydraulic Hammers, and the SAR 1315 SLV mobile crusher, all manufactured and locally assembled in Saudi Arabia, and (3) Trading of distributed international brands including ASTEC crushing and screening equipment, SPECO and D&G asphalt plants, WOLF drilling equipment, NCP grinding mills, and Mr. Manhole rehabilitation systems. The company also provides comprehensive after-sales services including spare parts, setup and optimization, maintenance and support, and training. Supporting operations include transportation/logistics with over 563 trucks, steel structure manufacturing, and various industrial equipment manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• Aggregates (البحص) Natural aggregate materials (gravel/baqis) used in construction applications including concrete, asphalt mixes, and road building; produced from company-owned quarries for supply to construction and infrastructure projects across Saudi Arabia.
• Asphalt Hot mix asphalt products including Marshall mix, Superpave, and colored asphalt for roads, parking lots, runways, and infrastructure projects; production capacity reaches 240 tons per hour from 4 asphalt plants.
• SAR Jaw Crushers (الكسارات الفكية / الصفاق)

Quantifiable outcome

• Over 1,200 clients served across Saudi Arabia
• +3 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Mauritanian Embassy in RiyadhminorStrategic or Co-development Partner · 25 December 2025Strategic engagement with the Mauritanian Embassy to explore investment opportunities in Mauritania in infrastructure, industry, and mining sectors. Embassy facilitates Saudi investors and companies looking to participate in Mauritanian economic development.
• D&G MachineryminorChannel Partner/ Reseller/ Distributor · 19 August 2024Partnership with D&G Machinery (China), a leading manufacturer of high-performance asphalt mixing plants ranging from 80 tons/hour to 400 tons/hour capacity. Plants feature European technology at Asian prices with recycling and eco-friendly capabilities.
• ASTEC IndustriescoreTechnology or Integration · 13 November 2023Strategic partnership with ASTEC Industries (USA), a leading manufacturer of high-quality crusher equipment. The partnership leverages both companies' competitive advantages to enhance customer experience and drive growth in the crusher equipment industry by providing a wider range of innovative solutions.
• Wolf Rock Drilling EquipmentcoreChannel Partner/ Reseller/ Distributor · 13 November 2023Exclusive distribution agreement for Wolf rock drilling equipment in Saudi Arabia. Wolf (Brazil) is a global leader in high-quality rock drilling equipment. SAR distributes Wolf products exclusively in the Saudi market to enhance efficiency in mining and construction operations.
• SPECOcoreStrategic or Co-development Partner · 27 September 2023Strategic partnership with SPECO (Korea), a leading manufacturer of asphalt mixing plants. Aims to combine the strengths and resources of both companies to deliver high-quality asphalt paving services and expand market presence in the Kingdom.

Scale indicators11 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• CRH plc: Global building materials group with leading aggregates, asphalt and concrete operations. Comparable end-to-end construction-materials business model to SAR, though at substantially larger scale and global reach.
• Terex Corporation: Global manufacturer of crushing, screening and materials handling equipment. Closely comparable to SAR's SAR-branded crushers, screens and mobile plants, and competes indirectly via SAR's distribution partners.
• Martin Marietta Materials: Major US supplier of aggregates, asphalt, cement and ready-mixed concrete. Closely matches SAR's aggregates-and-asphalt core, with similar downstream construction materials exposure.
• Astec Industries: US-based manufacturer of aggregate and infrastructure equipment. SAR is Astec's exclusive Saudi partner; comparable in crushing, screening and asphalt plant product lines served by SAR.
• Vulcan Materials Company: Largest US producer of construction aggregates, with vertically integrated asphalt and concrete operations. Directly comparable aggregates and asphalt business model to SAR's core quarrying and asphalt segment.
• Metso: Leading global supplier of crushers, screens and processing equipment for mining and aggregates. Directly comparable product portfolio to SAR's own-brand and distributed crushing equipment franchises.
• Heidelberg Materials: Global construction materials group producing aggregates, asphalt, cement and ready-mix concrete. Comparable to SAR's aggregates and asphalt business, though on a much larger and more geographically diversified scale.

Regional players

• Saudi Arabian Mining Company (Ma'aden): Saudi national mining champion operating across minerals, metals and industrial minerals. Regional peer with overlap in quarrying, aggregates supply to mega-projects, and Saudi industrial mineral diversification ambitions similar to SAR's silica entry.
• Yanbu Cement Company: Saudi-listed cement and clinker producer supplying domestic construction markets. Comparable Saudi construction-materials peer selling into the same Vision 2030 demand environment as SAR's aggregates and asphalt.

Broad incumbents

• Caterpillar: Largest global manufacturer of construction and mining equipment. Comparable as a broad incumbent in the construction and mining equipment categories in which SAR assembles, distributes and supports machinery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/salrashed_co
• YouTubeyoutube.com/@salehabdulazizalrashedsons8488?si=FZLdot0TiYj7c8g3
• Facebookfacebook.com/SalAbdulazizAlrashed
• LinkedInlinkedin.com/company/saleh-abdulaziz-al-rashed-sons-co
• Instagraminstagram.com/salrashed_co

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 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 Saleh Abdulaziz Al Rashed & Sons Co.