United Matbouli Group
Acquisition Year: 2010
Acquisition Stake: 49 percent
Sector: Electronics & appliances
Fund: Jadwa Technology Special Opportunity Fund
About United Matbouli Group
United Matbouli Group (“UMG”) is a leading retailer and distributor of home appliances, air conditioners and consumer electronics. It’s the sole distributor of Samsung electronics and appliances (white and brown goods) in Saudi Arabia. The company operates with a total area of approximately 110,000 m2. In addition, UMG has a retail presence of 5 megastores across Saudi Arabia.