Alturki Holding
Al Khobar family business holding founded in 1975; owns building-materials, industrial, transport, facilities and tech companies, holds joint ventures and runs Alturki Ventures.
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Family & background
- HEADQUARTERS
- Al Khobar, Saudi Arabia
- OFFICES
- Riyadh, Saudi Arabia
- FOUNDED
- 1975
Investment approach
- GEOGRAPHY
- Saudi ArabiaMiddle East
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investmentsVenture capital
- LATEST DEAL
- Acoustic Data (Growth) · May 2022
Overview
Alturki Holding, established in 1975 and headquartered in Al Khobar with an office in Riyadh, describes itself as a long-term investor building businesses in construction and building materials, infrastructure, transportation, ICT, oilfield services, real estate, mining, and sports and entertainment. Subsidiaries include Saudi Readymix, Masheed, Inma Steel, Sawafi, the Sixt franchise, Musanadah and Tahreez; joint-venture stakes include Nesma & Partners (with Nesma, Rawabi Holding and PIF), Element Materials Technology and Applus Velosi. Its venture arm, Alturki Ventures, backs high-growth companies such as Acoustic Data, Noon Academy and Little Thinking Minds. The company takes part in an Eastern Province family-business league as one of the region's family businesses.
Investment thesis
A long-term investor and partner committed to building resilient businesses that contribute to Saudi Arabia's sustainable development, investing responsibly in line with Vision 2030.
Holdings & investments (13)
INVESTMENT ARMS & VEHICLES
- Venture capital arm investing in innovative, high-growth businesses
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- Acoustic DataIndustrial & Manufacturing · since 2022
- Noon AcademyEducation · since 2020
- Little Thinking MindsEducation · since 2018
- Saudi ReadymixIndustrial & Manufacturing
- MasheedIndustrial & Manufacturing
- Nesma & PartnersIndustrial & Manufacturing
- Element Materials TechnologyIndustrial & Manufacturing
- Applus VelosiIndustrial & Manufacturing
- Inma SteelIndustrial & Manufacturing
- SawafiIndustrial & Manufacturing
- Sixt (Saudi Arabia)Mobility & Logistics
- MusanadahReal Estate & PropTech
- TahreezSoftware & SaaS
People
- Khalid Ali AlturkiChairman · source
- Rami Khalid AlturkiPresident & CEO · source
- Rasha Khalid AlturkiBoard Member · source
- Martin MellishBoard Member · source
- Gary ParkeBoard Member · source
- Bader AlshathryExecutive Vice President · source
- Asim AlmalikVice President and Chief Legal Officer · source
- Jason MistryVice President and Group Financial Officer · source
- Mohannad AlmadhiExecutive Director for Business Growth & Advisor to the President · source
Frequently asked questions
Alturki Holding is a family holding based in Al Khobar, Saudi Arabia, founded in 1975.
Alturki Holding invests its own capital into companies. Its stated asset mix includes direct investments and venture capital.
Alturki Holding invests in Industrial & Manufacturing, Mobility & Logistics, Real Estate & PropTech, Software & SaaS and Education.
Key people at Alturki Holding include Khalid Ali Alturki (Chairman), Rami Khalid Alturki (President & CEO), Rasha Khalid Alturki (Board Member) and Martin Mellish (Board Member).
Alturki Holding's holdings and investments include Saudi Readymix, Masheed, Nesma & Partners, Element Materials Technology, Applus Velosi, Acoustic Data, Noon Academy and Little Thinking Minds, among others.
The most recent publicly reported investment by Alturki Holding is Acoustic Data (Growth), announced in May 2022.