About Us

About us

The company began its activity by establishing the Gulf Elevators and Escalators Company Limited” in 1999 which considered the first factory in the Middle East to manufacture elevators and escalators in the industrial city of Jeddah - Kingdom of Saudi Arabia. As a result of the expansion of the company’s activities in most main cities within the Kingdom, GCC and neighboring countries, Mayar Holding Company was established - as a closed Saudi joint stock company - registered in the city of Riyadh in 2013. Then several companies were established under it to distribute the company’s activities in the elevator sector to keep due to the growth occurring in each activity. The company has continued to grow over the past 20 years by establishing several companies in several sectors, as well as entering strategic partnerships, in addition to acquiring several other companies in various industrial sectors.

The company's current activity is focused on:

Elevators and Escalators Sector:

The company owns several companies in this sector, and several activities fall under this sector, including manufacturing, marketing, selling, installing and maintaining elevators escalators, and their spare parts. The company has a factory in the Kingdom of Saudi Arabia. In addition, its products are available in several countries in the GCC, the Middle East, and African countries through its authorized agents and distributors. The company currently owns several brands in the elevator sector, including FUJI,VEION,HITACHI,"SHANGHAI MITSUBISHI ELEVATOR","TITAN" and "SMART ELEVATORS". The company also has external industrial activity in Egypt, where it invested in "Egypt Gulf Elevators Escalators Co." in 2018 and has 60% of the company to manufacture, sell, install and maintain elevators, whether insider the Egyptian market or the African markets with other brands.

Animal feed sector, the production, sale and distribution of poultry:

The company owns a factory to produce compound feed for poultry and livestock to follow the development of livestock feeding methods to achieve the maximum benefit in the field of feeding and move away from the traditional methods previously used, which cause a great waste of resources at all levels. In line with the company's vision to expand into complementary activities, it expanded into the field of poultry through the acquisition of an existing company for distributing and selling poultry in the Kingdom of Saudi Arabia under the brand name ASILH. As a result of the growth in poultry sales, the company purchased and rented several farms for poultry production and aims to move forward with the expansion of this sector during the next two years.

The plastic sector:

The company owns two factories,Saudi Drip Irrigation Company Limited (Saudi Drip)” based in the Kingdom of Saudi Arabia. It produces several plastic products for drip irrigation systems, in addition to several other plastic products as well as several semi-finished plastic compounds. The company sells its products to the sector. Agricultural as well as water systems, and the company also implements irrigation and agricultural projects. The company owns the "Misr Gulf Modern Industries Company", based in Egypt, to manufacture and produce high-quality PVC compounds from rigid or flexible granules, white or black, transparent or colored,in addition to ethylene vinyl acetate (EVA) products and plastic shoe and sandal products in various designs.The company has several trade names and manufactures for others and for several international companies.

The food production sector:

The company established Rasa Food Industries Company” in 2023, which manufactures and produces meat and food products from poultry. The company is currently establishing its factory and equipping it with the latest production lines to be one of the leading factories in the field of manufacturing poultry and meat products within the Kingdom of Saudi Arabia, under the slogan Saudi Made

The company's products:

The company's sources of income are divided into four main sections in terms of the products and services it provides in the region through its subsidiaries, which are:

1. Elevators and escalators sector:

a. Manufacture of elevators and escalators.

b. Sale and installation of elevators and escalators.

c. Maintenance of elevators and escalators.

d. Selling spare parts for elevators and escalators.

2. Animal Feed Sector:

a. Poultry feed.

b. Cattle feed.

c. Poultry distribution and sale.

d. Distribution and sale of poultry.

3. Plastic sector:

a. Polyvinyl chloride (PVC), which is used in many industries (construction, transportation, packaging, and electrical industries).

b. Ethylene-vinyl acetate (EVA), from which soles of shoes and sandals are made.

c. Several plastic products for drip irrigation systems and several semi-finished plastic compounds.

d. Implementing and maintaining agricultural and landscape projects.

4. Food Production Sector:

a. Manufacture and production of meat and food products from poultry.

Our Message

Constantly working to develop its business and products to satisfy customers, as well as entering several industrial investments, acquiring the largest market share in several fields, and raising the quality of its products and after-sales services.

Our Vision

For Mayar Holding Company to become one of the leading companies in the field of industrial investment in several industrial sectors in the Middle East and North Africa, through establishing industrial companies or acquiring existing industrial companies that provide high-quality products and services that exceed the expectations of their customers to build a long-term relationship with them.

Our Values

Because we are proud of our social values and our national identity, our administration pays great attention to its humanitarian and developmental duty towards society and the nation. Accordingly, the Board of Directors, represented by the Executive Management, sets annual and periodic plans to discuss ways to support the national bodies and authorities aiming morally and materially to contribute effectively to the development of society and the country in general to achieve the Kingdom’s vision 2030

Our Goals

1- Leading the industrial market in the Kingdom and the markets in it.

2- Create a strong customer base.

3- Providing distinguished after-sales services.

4- Producing a variety of high-quality products at competitive prices.

5- Building a strong management with excellent management and leadership skills.

6- Achieving sustainable profits and growth rates.

7- Geographical spread in the Kingdom, the Arab Gulf countries, the Middle East and Africa, and achieving the desires of different categories of consumers.

8- That the company and its subsidiaries be a model for other companies to follow.