Alghunaim Brothers Holding was founded in 1981 by Alghunaim family with a vision to fund and craft an excellent business group in Saudi Arabia. The very first venture was Delmon Constructions and eventually AGB Holding could diversify and expand their business areas. Now, AGB Holding is operating 15 companies in Saudi Arabia. Delmon Group of companies, our leading subsidiary, has became the pioneer in minerals and chemical industry.
Our objective is to increase shareholder value by efficiently deploying capital and management resources to grow our business, reduce operating costs and build sustainable competitive positions, or franchises, and to complete acquisitions that generate attractive cash returns. We believe we will accomplish this goal because of our leading market positions and management expertise in acquiring, financing, integrating and efficiently operating the businesses.