A strategic collaboration with Alsulaiman Group: A success story
From rapid technological developments and climate change issues to geopolitical and economic instability, the world has become increasingly challenging to navigate.
“Business as usual" is no longer an option - organizations must embrace innovative strategies more than ever to stay ahead. At Deloitte Middle East, we take pride in providing our clients with effective solutions. Over the past year, we have focused on driving meaningful progress, working diligently to ensure our clients are equipped to overcome challenges and seize new opportunities for a prosperous future.
Deloitte Middle East has built a strong history of successful collaborations with clients, working together to drive innovation, deal with complex challenges, and deliver impactful solutions that promote long-term growth and success. This past year, our Strategy & Transactions (S&T) team, in collaboration with our Tax & Legal team, successfully conducted an engagement with Alsulaiman Group (ASG), a leading Saudi holding group with over 40 years of experience operating across a variety of key sectors. This collaboration marks a significant milestone in our ongoing efforts to support our clients in achieving their strategic goals.
During this engagement, we supported ASG with the acquisition of Mazaya Fuel Company (MFC), a prominent fuel retail and distribution company in Saudi Arabia, which owns and operates over 134 petrol stations across the Kingdom. Our team provided ASG with comprehensive financial and tax due diligence, as well as valuation services, empowering them in their decision-making process and ultimately leading to the successful acquisition of MFC.
This engagement exemplifies our ability to leverage the collective expertise and reputation of our teams to strengthen and expand our partnerships with clients. By combining our deep industry knowledge with robust analytical capabilities, we were able to deliver valuable insights and strategic guidance that were instrumental in facilitating this acquisition.
Our successful collaboration with Alsulaiman Group reinforces our dedication to delivering exceptional service and creating long-term value. By gaining a deep understanding of ASG’s specific needs and objectives, we were able to offer the ideal solutions that aligned with and strengthened their strategic vision. This partnership highlights both our technical proficiency and our unwavering commitment to maintaining strong, enduring, and effective relationships, especially in a rapidly evolving market.
