Market Share of Saudi Arabia Facility Management Industry
The Saudi facility management market is highly fragmented, with the presence of major players like Initial Saudi Group (Alesayi Holding), EMCOR Saudi Company Limited, Almajal G4S (Allied Universal), SETE Energy Saudia for Industrial Projects Ltd (Sete Saudia), and Zamil Operations and Maintenance Company (Zamil Group). Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- In September 2023, Alesayi Holding Group acquired 85% of Initial Saudi Group, a leading facilities and workforce management group with over 40 years of operating experience. The agreement was signed in the presence of Alesayi Holding Group CEO and Initial Saudi Group’s board member. Initial Saudi Group operates through its two major firms, Initial Facilities Management and Workforce Saudia. With over 25,000 associates, Initial provides various services across Saudi Arabia, including cleaning, security, engineering, support, pest control, and landscaping. The acquisition is driven by Alesayi Group’s primary focus on extending and diversifying its service offerings to cater to the growing demand for workforce services for the rising industries and emerging possibilities within the Saudi Vision 2030 framework, along with enabling seamless integration between the Group’s sectors and companies.
Saudi Arabia Facility Management Market Leaders
Initial Saudi Group (Alesayi Holding)
EMCOR Saudi Company Limited
Almajal G4S (Allied Universal)
SETE Energy Saudia for Industrial Projects Ltd (Sete Saudia)
Zamil Operations and Maintenance Company (Zamil Group)
*Disclaimer: Major Players sorted in no particular order
