Investor Alert: The FY2018 Analyst Call was held on March 21, 2018 at 1530hrs Kuwait Time (+3 GMT). Click here to listen to a live recording of the call.


Mezzan Holding K.S.C. was founded in the early 1940s and reincorporated in 1999 under the current holding structure with a paid up capital of KWD 31.13 million. Today, Mezzan Holding’s operations span across the Gulf and other select markets through 29 vertically integrated operating companies. Our legacy brands, including Al Wazzan, KITCO and Khazan, coupled with our agency brands, have earned superior brand recognition, consumer loyalty, deep market penetration and vast market reach.

7 Countries
7,500+ Employees
25,000 SKUs
360+ Brands
100,000 Meals catered daily
20%+ Market share within operated categories

2017 Highlights

  • An active year of capital spending aimed at expanding production capacities, increasing product offerings or enhancing efficiencies – highest capital expenditure in the history of Mezzan Holding with capex of approximately KD17 million
  • Upgraded water capacity and quality to include low and no sodium varieties
  • Continued construction of new centralized warehousing in the UAE and Kuwait aimed at enhancing efficiencies
  • Rebranded all snack categories under the master brand KITCO with full-fledged marketing campaign to roll out in 2018
  • Developed new recipes for the Mezzan Foods (Saudi Arabia) which improved qualioty and prolonged shelf life, enabling exports
  • Recovery of catering business following the award of high profile contracts
  • Recorded revenue of KD204 million

Understanding Mezzan

Mezzan Holding is an integrated business with commercial operations in manufacturing, distribution, retail, wholesale and contract services. The company’s activities, which are run through 29 subsidiaries, are grouped into two main business lines: Food Business Line and Non-Food Business Line, with each business line directly contributing to Mezzan’s revenue and net profit. Below is an infographic of our business lines and divisions, and their contribution to Mezzan Holding’s revenue based on Full Year 2016 audited earnings.


Food Business Line

Generating 75.4% of the company’s revenue, Mezzan’s Food Business Line operates through three primary divisions: Food and Beverage Manufacturing and Distribution, Catering and Services.

Non-food Business Line

Generating 24.6% the company’s revenue, Mezzan’s Non-Food Business Line comprises two divisions: FMCG (household and pharmaceutical products) and Industrials.