Investor Alert — Mezzan Holding will hold its Annual General Meeting (AGM) for the fiscal year ending on 31 December 2020 on Thursday, 22 April 2021 at 12:00 pm Kuwait time. It will take place at the Jassim Al Wazzan Sons General Trading Company building located in the third Shuwaikh Industrial Area – Block 1 – 85th Street – Plot (7-11). Please click here to view the agenda.


Mezzan Holding K.S.C.P. was founded in the 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 30 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.
Meals Catered Daily


Witnessed the start of recovery of operational results, driven by organic and inorganic initiatives.
UAE market returned to profitability following restructuring, pick-up in energy drink sales, and ramp-up of new manufacturing lines.
New lines of snacks contributed positively to the group in Qatar, UAE, and KSA.
The catering segment began to rebound with profitability.
Completed the strategic goal of enhancing our scope and scale of the healthcare segment with: Acquisition of a majority stake in KSPICO; Distribution rights of Medtronics and Covidien; and Strong results from expansion in the healthcare business within the FMCG segment.
Expansion of KSA fleet and warehousing capacities with new regions covered directly.
Total assets
Total revenue
Net profit
KWD Millions
Growth (CAGR):
Current Assets 9.3%
Non-Current Assets 10.1%
Non-Current Assets
Current Assets
KWD Millions
Growth (CAGR): 3.2%
KWD Millions
Growth (CAGR): -24.5%

Understanding Mezzan

Mezzan Holding is an integrated business with commercial operations in manufacturing, distribution, retail, wholesale, and contract services. The company’s activities, which run through 30 subsidiaries, are grouped into two main business lines: Food Business Line and Healthcare & Consumer Business Line. Each business line directly contributes 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 2019 audited earnings.

Food Business Line
Generating 72.2% of the company’s revenue, Mezzan’s Food Business Line operates through its Food Manufacturing and Distribution, Catering, and Services divisions.
Healthcare & Consumer Business Line
Generating 27.8% of the company’s revenue, Mezzan’s Healthcare & Consumer Business Line comprises FMCG, Pharmaceuticals, and Industrials.

Mezzan At a Glance

Food Business Line
Manufacturing & distribution
Revenue (KD Million)
Growth (CAGR): 2.8%
Revenue (KD Million)
Growth (CAGR): 1.6%
Revenue (KD Million)
Growth (CAGR): 7.2%
Revenue (KD Million)
Growth (CAGR): 1.8%
Healthcare & Consumer Business Line
Fmcg & healthcare
Revenue (KD Million)
Growth (CAGR): 4.4%
Revenue (KD Million)
Growth (CAGR): 5.7%
Revenue (KD Million)
Growth (CAGR): -5.5%