ALG fundamentals

Ali Alghanim Sons Automotive Co. KSCC operates as a distributor of coveted vehicle brands in Kuwait and Iraq. It operates through the following segments: Passenger Cars, After Sales, Certified Used Cars, Commercial Heavy Equipment, Rental and Leasing, Synergistic Lines, and Technology Initiatives. The Passenger Care segment includes luxury car brands such as Land Rover, MINI, Rolls Royce, and McLaren. The After Sales segment engages in sales and is a critical part of customer experience. The Commercial Heavy Equipment segment includes the import, distribution, and sale of commercial heavy equipment, along with servicing and sale of spare parts. The Rental and Leasing segment offers flexible leasing programs tailored to meet customer-specific requirements. The Synergistic Lines segment constitutes a fast-growing component of the overall auto business. The Technology Initiatives segment includes tech-related investments like Rove, chauffeur-driven, premium ride-hailing service, and Oogoo, instant car valuation application. The company was founded in 1960 and is headquartered in Shuwaikh, Kuwait.