Rajhi Invest Divests 40% Stake in Berain to Hassana
Deal News | Mar 24, 2025 | Zawya
SNB Capital, a top Saudi financial institution, served as the sole advisor for Mohammed Abdulaziz Al-Rajhi & Sons Investment Company (Rajhi Invest) in the divestment of their 40% minority interest in Berain Water Company. The stake was sold to Hassana Investment Company, under Saudi Arabia's General Organization for Social Insurance. Berain, a major player in Saudi's bottled water industry, is well-placed to meet rising demand due to its comprehensive integration of manufacturing, logistics, and distribution across Saudi Arabia. The sale aligns with Hassana's long-term consumer sector strategy and supports Saudi Vision 2030, which encourages healthier lifestyles and investment in health infrastructure. SNB Capital's role highlights its continued influence and expertise in merger and acquisition advisory services.
Sectors
- Bottled Water Industry
- Investment and Asset Management
- Consumer Goods
Geography
- Saudi Arabia – The transaction involves Saudi Arabian companies and reflects market activities within the Kingdom.
Industry
- Bottled Water Industry – Berain Water Company is a key player in the bottled water sector in Saudi Arabia.
- Investment and Asset Management – Both SNB Capital and Hassana Investment Company are involved in financial advisory and investment management.
- Consumer Goods – The transaction involves Berain, which operates in the consumer goods space, specifically bottled water.
Financials
- 40% – The percentage of Berain Water Company stake divested by Rajhi Invest.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SNB Capital | Financial Advisor | Company | SNB Capital is a leading financial institution in Saudi Arabia offering advisory services in mergers and acquisitions. |
| Mohammed Abdulaziz Al-Rajhi & Sons Investment Company (Rajhi Invest) | Selling Company | Company | Rajhi Invest divested its 40% minority interest in Berain Water Company. |
| Berain Water Company | Target Company | Company | Berain is a significant player in the bottled water industry in Saudi Arabia. |
| Hassana Investment Company | Bidding Company | Company | Hassana is the investment arm of Saudi Arabia's General Organization for Social Insurance. |