Kazyon, the Leading Discount Grocery Retailer in the Arab World and Africa Acquires a 50% Equity Stake in Dukan, Expanding Its Footprint Into Saudi Arabia
Founded in 2013 and operating over 100 stores, Dukan is the sole grocery discount retailer in Saudi Arabia.
- Founded in 2013 and operating over 100 stores, Dukan is the sole grocery discount retailer in Saudi Arabia.
- With modern trade channel penetration of only c.50%, the Saudi Arabian market presents ample room for growth.
- The company has experienced rapid growth and is now the leading discount grocery retailer across the Arab world and Africa with over 1,000 stores.
- Kazyon aims to be a top three player in Saudi Arabia and Morocco after becoming the largest grocery retailer in Egypt.