The HSA Group was established in 1938. Today, it employs around 35,000 people in more than 85 companies across 80 markets in South Asia, Europe, the Middle East, and Africa. It signed a Share Sales and Purchase Agreement to acquire Kellanova’s shares in Egyptian Food Company—Bisco-Misr. In October 2024, the group completed construction of its fifth large-scale edible oil refinery in West Kalimantan, Indonesia, with a production capacity exceeding 600,000 metric tons. In April 2025, United Carton Industries Co., the company’s joint venture in Saudi Arabia, announced its intention to proceed with an IPO on the Saudi Exchange's Main Market, representing 30% of its total issued share capital.