United Matbouli Group

UMG

Acquisition Year: 2010

Acquisition Stake: 49 percent

Sector: Electronics & appliances

Fund: Jadwa Technology Special Opportunity Fund

Website: www.umg.com.sa  

 

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.