Al-Mulla Group

Last updated
Al Mulla Group Holding Co.
Company typeJoint Stock Holding Co.
IndustryDiversified conglomerate
FoundedKuwait 1938
Founder Abdullah Saleh Al Mulla
Headquarters Kuwait City, Kuwait
Key people
Najeeb Abdulla Al Mulla (Chairman)

Anwar Abdulla Al Mulla (Deputy Chairman)

Talal Anwar Al Mulla (Chief Executive Officer)
ProductsAutomotive, Financial Services, Engineering, Manufacturing, Trading, Investments, Real Estate, Healthcare, Education
Website www.almullagroup.com

Al Mulla Group is a diversified privately held business group based in the State of Kuwait with operations in 8 countries. With over 15,000 employees working in more than 40+ companies, Al Mulla Group today has affiliations with over 200 leading international brands and companies.

Contents

History

Established in 1938 [1] by then Secretary of State Abdullah Saleh Al Mulla, [2] the Group started out when the late Mr. Al Mulla set up an electrical and domestic appliance store, soon acquiring the GEC franchise from the United Kingdom. In 1947, the Bader Al Mulla and Brothers Company was created and later acquired the rights to distribute Chrysler Middle East, Plymouth and Dodge Middle East vehicles in Kuwait. Expansion followed into areas of marine products, HVAC contracting, travel and industrial equipment distribution. [2]

Starting in 2003, the Group expanded into several new areas, which today are leaders in each of their fields. These include the money exchange, healthcare and education sectors, while the other core areas of Automotive and Engineering continued to grow significantly in size and market share.

In 2018, Daimler AG, the owner of the Mercedes-Benz brand, selected Al Mulla Group as its new sole distributor in Kuwait for both Passenger Cars and Trucks and Buses. [3] Al Mulla Group, through its fully owned subsidiary/

In December 2019, Al Mulla Group sealed a deal with XCMG, the largest manufacturer of construction machinery in China, to be its sole distributor in Kuwait. [4]

History

Following the founder's death in 1955, his eldest son Bader became chairman until 1969, with his brothers Najeeb and Anwar becoming his successors; Najeeb as Chairman, and Anwar as Deputy Chairman & CEO. Three years later, the Maseelah Trading Company was founded in 1972. [2] Maseelah Trading acquired the distribution rights for Mitsubishi Motor Vehicles in Kuwait, leading to dramatic growth in the group's automotive business.

In 1978, radical changes were made to the company: A multinational board was appointed, instead of a board of only family members. The Group entered additional businesses such as environmental systems, vehicle rental and leasing, fire protection, office equipment, security services, engineering products, consumer appliances and insurance consultancy. [2]

Subsidiaries/Associates/Affiliates/Investments

NameCountry
Bader Al Mulla & Bros. Company S.P.C. Flag of Kuwait.svg Kuwait
Maseelah Trading Company S.P.C. Flag of Kuwait.svg Kuwait
Al Mulla National General Trading Company Flag of Kuwait.svg Kuwait
Al Mulla Re-Insurance Broking Company Flag of Kuwait.svg Kuwait
Al Mulla Travel Bureau Flag of Kuwait.svg Kuwait
Al Mulla Rental & Leasing Company K.S.C.C. Flag of Kuwait.svg Kuwait
Al Mulla International Exchange Company K.S.C.C. Flag of Kuwait.svg Kuwait
Al Mulla Cleaning & Maintenance Services Company W.L.L. Flag of Kuwait.svg Kuwait
Al Mulla Environmental Systems W.L.L. Flag of Kuwait.svg Kuwait
AMG Steel & Systems Company PVT LTD. Flag of India.svg India
Al Mulla General Trading for Safety, Security & Fire Systems & Equipment Company Flag of Kuwait.svg Kuwait
Al Mazayah Al Oulah Trading Company L.L.C. Flag of the United Arab Emirates.svg UAE
Al Mazayah Al Thaniyah Trading Company L.L.C. Flag of the United Arab Emirates.svg UAE
Modern Exchange Company Flag of Oman.svg Oman
Al Mulla & Behbehani Motors Company W.L.L. Flag of Kuwait.svg Kuwait
Al Mulla Security Services Company Flag of Kuwait.svg Kuwait
G4S Kuwait Flag of Kuwait.svg Kuwait
Nasser Bin Khaled & Al Mulla Cars Rent Co. W.L.L. Flag of Qatar.svg Qatar
Al Soor International Holding Company K.S.C.C. Flag of Kuwait.svg Kuwait
Khadamat Marketing Services Company Flag of Kuwait.svg Kuwait
SAMA Medical Services Company Flag of Kuwait.svg Kuwait
Diamond International Motors Flag of Egypt.svg Egypt
Iraq International Import, Export & Commission Agent Company Flag of Iraq.svg Iraq
Kuwait College of Science & Technology Flag of Kuwait.svg Kuwait
Al Mulla Industries Flag of Kuwait.svg Kuwait
Al Mulla International Motors Flag of Kuwait.svg Kuwait
Al Mulla International General Trading for Furniture & Office Equipment Company Flag of Kuwait.svg Kuwait
National Takaful Insurance Company K.S.C.C. Flag of Kuwait.svg Kuwait
Al Mulla International Real Estate Development Company Flag of Kuwait.svg Kuwait
Al Mulla Automobiles For Buying & Selling Cars Flag of Kuwait.svg Kuwait
Al Mulla National Contracting Company Flag of Kuwait.svg Kuwait
Al Mulla International Financing Company K.S.C.C. Flag of Kuwait.svg Kuwait
Diamond Motors Company Flag of Egypt.svg Egypt
Al Mulla Automobiles Co. [5] Flag of Kuwait.svg Kuwait

References

  1. "The Al Mulla Group, 2007" . Retrieved 2007-09-23.
  2. 1 2 3 4 "AlMulla Group Historical Background, 2007". Archived from the original on 8 September 2007. Retrieved 2007-09-23.
  3. "Daimler chooses al Mulla Group as new Mercedes-Benz distributor in Kuwait".
  4. "Al Mulla seals partnership deal with Chinese construction group".
  5. "Mercedes-Benz - Kuwait".