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Chairman of Aujan Group Holding passes away

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Sheikh Adel Aujan, one of the Gulf’s most prominent and successful industrial­ists, has passed away, aged 70. He was the Chairman of one of the largest Middle Eastern beverages company, Aujan Coca-cola Beverages Company (formerly known as Aujan Industries), widely regarded as one of the region’s top home-grown success stories. Over a 48-year career with the group, Sheikh Adel grew the Dammam-based business into a multi-billion-dollar drinks giant, thanks to the innovative marketing of existing brands such as Vimto and homegrown brands like Rani and Barbican. The Saudi businessma­n was also the visionary behind the largest ever consumer goods partnershi­p in the Middle East with The Coca-cola Company creating a joint venture between the two companies entitled Aujan Coca-cola Beverages Company (ACCBC). As well as beverages, Aujan Group Holding also has interests in real estate and packaging materials, with investment­s in hotels and game reserves in the Middle East and Africa. Sheikh Adel leaves an extraordin­ary legacy of both business and personal success.

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