About Us
Bawan Co. is one of the leading industrial groups in Saudi Arabia and was formed by the amalgamation of Abdullatif & Mohammad Al Fozan CO. (1959) and Abdulkader Al Muhaidib & Sons General Trading Company L.L.C (1934), two giants in the field of trading & manufacturing of capital goods products investment in Saudi Arabia.
Founded in 1400 AH (1980 AD) in Riyadh, KSA, Bawan had a vision to contribute to the development of the capital goods sector and deliver the highest standards of quality products. It provides an integrated, state-of-the-art range of consulting solutions and engineering programs to address the needs of customers in Saudi Arabia, GCC region and regional markets.
Since its inception, Bawan has established a wide investment base through major expansions, to become one of the most prominent local and regional industrial groups and a leading investor in capital goods products. It is managed by a veteran team of professionals with world-class experience in various disciplines – from industrial investment, administration and financial management, to technical operations.
Mission
To enhance Bawan’s customers’ loyalty by providing market-leading and innovative products and services, through its existing sectors and new sectors in the future.
Market
In the Saudi Kingdom, the Arab Gulf, the Middle East and North Africa.
Strategy
Bawan follows an integrated strategy that primarily aims to maximize its position in local and regional markets, while building stronger relations with its partners and customers by improving its existing products and investing in new, innovative enterprises. Increasing productivity is another way for Bawan to meet the growing demand in Saudi Arabia and region, while also improving its Return on Investment (ROI) through continued strategic partnerships and investments in more factories, enterprises and projects. The company also plans to undertake a geographical expansion across targeted markets and investing in promising businesses that can deliver high revenues with minimum risks.
Bawan policy considers diversification into interrelated and integrated areas, having been structured in five strategic operational units: Metal, Wood, Electrical, Concrete and Plastic, where each includes a number of subsidiaries. Bawan also runs a chain of modern factories in Riyadh, Jeddah, Dammam, Jubail, Yanbu, Rabigh, Kuwait, UAE and Algeria, offering high-profile products to serve the local market and other major export markets.
Investments
Bawan is committed to its future plans and long-term investments in dynamic industries while reinforcing its relations with high-potential partners that are capable of supporting its objectives and business aspirations. In line with its dedication to optimizing customer satisfaction, Bawan focuses on updating and enhancing operational systems, as well as re-tooling production facilities with the most advanced technologies and equipment. The aim is to provide targeted markets with the finest services and best products that the industry has to offer.
Bawan looks forward to making a difference through its operational systems and investment activities, as part of its four-decade long journey towards excellence, and to positioning itself as a leading player in local and regional markets. Bawan is a public stock company with SAR 600 million worth of capital divided into 60 million shares.
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Enhance its existing product range by focusing on product development and quality assurance.
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Strengthen relationships with existing customers by addressing their demands and maintaining highest quality standards in the same time.
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Expand capacity in certain products and add new products while working on entering into selected new markets within Saudi Arabia as well as within the Middle East.
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Continue to improve operations through cost rationalization and process optimization.
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Invest in new products that leverage Bawan’s value and make use of Bawan’s advantages to complement the Company’s product offering.
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Diverse and unique portfolio of products and services which serve to help stabilize the Group’s financial results and reduce the impact of negative economic cycles.
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State-of-the-art manufacturing and production equipment situated in strategic locations owned by the Company.
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Financial strength and proven performance of the Group’s businesses.
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Ability to maintain and develop administrative, technical and financial skills.
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Highly experienced senior management with a successful track record in the capital goods.
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Strong relationships with a diverse customer base built over a long period of time.
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Experience in successfully launching new products in the capital goods.
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Experience in exporting its products outside of Saudi Arabia which enables it to increase its shares in those markets and to add new markets.
The Group has several competitive advantages. These advantages are derived from the Group’s accomplishments which in fact served significantly to achieve an esteemed position and a high level of efficiency in work and perfection. The management believes that such advantages will continuously grow, which can be used with time to expand the Company’s activities and to achieve additional accomplishments. The Company has the following competitive advantages and capabilities:
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Strong relationships with a diverse customer base built over a long period of time.
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Experience in successfully launching new products in the capital goods.
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Experience in exporting its products outside of Saudi Arabia which enables it to increase its shares in those markets and to add new markets.
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