COMPANY OVERVIEW
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.
7
Countries
8,500+
Employees
34,000+
SKUs
1,200+
Brands
130,000
Meals Catered Daily
30
Subsidiaries
2019 HIGHLIGHTS
Witnessed the start of recovery of operational results, driven by organic and inorganic initiatives.
UAE market returned to profitability, following restructuring, pickup in energy drink sales, and ramp up of new manufacturing lines.
New lines of snacks contributed positively to the group, in Qatar and UAE and KSA.
Catering segment began to rebound with profitability.
Completed strategic goal of enhancing scope and scale of Healthcare segment, with: Acquisition of 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, new regions covered directly.
Total assets
Total revenue
Net profit
KWD Millions
Growth (CACR):
Current Assets 9.3%
Non-Current Assets 10.1%
Non-Current Assets
Current Assets
KWD Millions
Growth (CACR): 3.2%
KWD Millions
Growth (CACR): -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 are run through 30 subsidiaries, are grouped into two main business lines: Food Business Line and Healthcare & Consumer 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 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
Food
Manufacturing & distribution
Catering
Services
Revenue (KD Million)
Growth (CACR): 2.8%
Revenue (KD Million)
Growth (CACR): 1.6%
Revenue (KD Million)
Growth (CACR): 7.2%
Revenue (KD Million)
Growth (CACR): 1.8%
Healthcare & Consumer Business Line
Non-food
Fmcg & healthcare
Industrials
Revenue (KD Million)
Growth (CACR): 4.4%
Revenue (KD Million)
Growth (CACR): 5.7%
Revenue (KD Million)
Growth (CACR): -5.5%