Al Safa Pharmaceuticals and Medical Supplies
Saudi limited liability company owned by Othman, Abdullah and Amr Al-Suwaih. Tadawul-listed Al Majed for Oud signed a non-binding offer in June 2026 to buy it as part of a six-company GCC portfolio at an enterprise value of SAR 392 million.
Industry: Pharmaceutical and medical supplies | Location: Saudi Arabia | Founded: 2007
About Al Safa Pharmaceuticals and Medical Supplies
Al Safa Pharmaceuticals and Medical Supplies is a Saudi limited liability company. The filings and coverage that name it do not describe its day-to-day activities, so this profile rests on disclosures about its ownership and a proposed sale. Al Majed for Oud, a company listed on the Saudi Exchange, describes it as one of six businesses in Saudi Arabia, the United Arab Emirates, Qatar, Bahrain and Oman that belong to members of the Al Suwaih family.
The sellers named in Al Majed's announcements are Othman Abdullah Othman Al-Suwaih, Abdullah Othman Abdullah Al-Suwaih and Amr Othman Abdullah Al-Suwaih. According to the Saudi Exchange announcement as republished by Mubasher, they own all of Al Safa, all of Safa Al Khaleej Trading in the UAE and all of Wahat Alsafa for Trading in Qatar, 80 percent of The Beauty Secrets in Bahrain and 50 percent of Al Safa National Investment in Oman. Natural Touch is described as a business line in Saudi Arabia, with no ownership percentage given.
At the end of December 2025 Al Majed for Oud announced a memorandum of understanding giving it exclusive rights for six months to pursue the purchase of 100 percent of Al Safa. On 13 June 2026 it signed a non-binding offer for the six-company portfolio at an enterprise value of SAR 392 million. That figure is subject to adjustment for net debt, which the filing estimated at about SAR 224 million as of 31 December 2025.
The offer envisages payment in a mix of cash and new Al Majed shares priced at SAR 151.01, with the split still to be agreed. The offer lapses without a binding agreement within six months unless extended, and the portfolio may be restructured before signing. Completion would need competition authority non-objection, Capital Market Authority approval of the new shares, listing approval and a vote of Al Majed's extraordinary general assembly. GIB Capital advises Al Majed financially and Khoshaim & Associates advises it legally.
No revenue, profit or headcount for Al Safa appears in these announcements.
Leadership
- Othman Abdullah Othman Al-Suwaih, Owner and seller
- Abdullah Othman Abdullah Al-Suwaih, Owner and seller
- Amr Othman Abdullah Al-Suwaih, Owner and seller