Rajhi Invest Divests 40% Stake in Berain to Hassana

Deal News | Mar 24, 2025 | Zawya

SNB Capital has successfully advised Mohammed Abdulaziz Al Rajhi & Sons Investment Company (Rajhi Invest) on its sale of a 40% minority stake in Berain Water Company to Hassana Investment, the investment management arm of Saudi Arabia's General Organization for Social Insurance (GOSI). Berain Water, a prominent player in Saudi Arabia's bottled water market, operates a comprehensive business model bolstered by manufacturing capabilities, procurement efficiencies, and a broad distribution network. The transaction aligns with Saudi Arabia's Vision 2030, promoting health initiatives and growth in the consumer sector, and serves as a strategic partnership between Rajhi Invest and Hassana, aiming to capitalize on the expanding bottled water industry.

Sectors

Financial Services
Consumer Goods
Investment Management

Geography

Saudi Arabia – The transaction involves Saudi-based companies and reflects the country's strategic economic initiatives.

Industry

Financial Services – Involves financial advisory services provided by SNB Capital for the divestment process.
Consumer Goods – Berain Water Company operates in the bottled water sector, a part of the consumer goods industry.
Investment Management – Hassana Investment manages funds for Saudi Arabia's GOSI, reflecting its role in this sector.

Financials

40% – The stake size in Berain Water Company that Rajhi Invest divested to Hassana.

Participants

Name	Role	Type	Description
Mohammed Abdulaziz Al Rajhi & Sons Investment Company (Rajhi Invest)	Seller	Company	The investment company divesting its 40% stake in Berain Water.
Berain Water Company	Target Company	Company	A leading bottled water provider in Saudi Arabia.
Hassana Investment	Buyer	Company	Investment manager for Saudi Arabia's GOSI, acquiring the stake in Berain.
SNB Capital	Financial Advisor	Company	Advised Rajhi Invest on the divestment of its stake in Berain.