Who owns Al Market?
Al Market is owned by Azersun (Azerbaijan).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Azersun Holding — Our history, Our brands and Activity fields, Azersun Holding MMC. Last checked .
Key facts
- Current owner
- Azersun Holding MMC reported
- Owner HQ
- 🇦🇿 Azerbaijan, Baku
- Origin
- 🇦🇿 Azerbaijan
- Category
- Home, garden & DIY › Retailer own brands › Grocery own brands
- Last verified
- · 1 sources
About Al Market
Al Market is described by Azersun as the first discount store chain founded in Azerbaijan, and it trades on that positioning: high quality at a suitable price, with printed catalogues, a running special-offers programme and its own-label range sold under the heading "our own products". Together with Bazarstore it makes retail one of the group's main activities rather than a sideline, and gives a food manufacturer direct control of the shelf its products sit on.
Ownership timeline of Al Market
Where Al Market sits in Azersun
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Azersun ownership tree →
See the full Azersun brand portfolio (12) →
Other brands owned by Azersun
Azersun controls 12 brands on Brandtree, 2 of them in home, garden & diy.
Also in home, garden & diy
- Bazarstore (2011)
Other brands in grocery own brands, and who owns them
The 170 brands in grocery own brands on Brandtree belong to 55 owners. The largest is Cencosud, with 12; Azersun has 2.
| Brand | Owner | Owner based in |
|---|---|---|
| Bretas | Cencosud | 🇨🇱 Chile |
| Lucerne | Albertsons | 🇺🇸 United States |
| City Gross | Axfood | 🇸🇪 Sweden |
| Chalo | Empire | 🇨🇦 Canada |
| Checkers | Shoprite Group | 🇿🇦 South Africa |
| Amanhecer | Jerónimo Martins | 🇵🇹 Portugal |
| K-Citymarket | Kesko | 🇫🇮 Finland |
| Farmer's Market | Loblaw | 🇨🇦 Canada |
About the owner: Azersun
Azersun is a privately held company headquartered in Baku, Azerbaijan, founded in 1991. Brandtree records 12 brands under its control.
Azersun Holding is the largest food producer and exporter in Azerbaijan, built from the wreckage of the Soviet food industry by Abdolbari Gozal, an investor who arrived in 1991-92 to open a representative office of the Intersun group at a point when, on the company's own account, Azerbaijan had practically no functioning food enterprises. In 1994 he used foreign direct investment to privatise the defunct tea and oil factories in Baku and re-equip them, and the group grew outward from there: four regional canneries in Khachmaz, Bilasuvar, Lankaran and Gazakh, the 110-hectare Imishli Sugar Factory in 2006, the Masazyr Salt Plant in 2010 built under a UNICEF and health ministry iodisation programme that turned Azerbaijan from a salt importer into an exporter, the Park Bulvar shopping centre the same year, the Bazarstore supermarket chain in 2011, the Kurdamir Milk Processing Plant in 2013 and the Azersun Industrial Park near Sumgayit in 2014. It now runs more than thirty enterprises across food, agriculture, paper and packaging, makes its own cardboard and metal packaging, and describes its philosophy as "from field to table". The chairman of its supervisory board is Tahir Gozel.
🇦🇿 Al Market and other Azerbaijani brands
Brandtree records a controlling owner for 18 brands that began in Azerbaijan. 3 of them (17%) are now controlled by a company headquartered in another country; Al Market is not one of them.
- Azerbaijan Airlines — AZAL 🇦🇿
- Bina.az — Kaspi.kz 🇰🇿
- Silk Way Airlines — Silk Way Group 🇦🇿
- Silk Way West Airlines — Silk Way Group 🇦🇿
- Tap.az — Kaspi.kz 🇰🇿
- Turbo.az — Kaspi.kz 🇰🇿
Frequently asked questions
Who is the parent company of Al Market?
The parent company of Al Market is Azersun, a privately held company headquartered in Azerbaijan.
Is Al Market Azerbaijani?
Yes. Al Market originated in Azerbaijan and its owner, Azersun, is also headquartered in Azerbaijan.
Is Al Market still owned by Azersun?
Yes. As of 20 September 2026, Al Market is still owned by Azersun. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Azersun Holding — Our history, Our brands and Activity fields — Azersun Holding MMC, Official document; retrieved 20 September 2026.
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