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We present a model combining a periodic array of rectangular potential wells [the Kronig-Penney (KP) potential] and the cubic-quintic (CQ) nonlinearity. A plethora of soliton states is found in the system: fundamental single-humped solitons, symmetric and antisymmetric double-humped ones, three-peak solitons with and without the phase shift pi between the peaks, etc. If the potential profile is shallow, the solitons belong to the semi-infinite gap beneath the band structure of the linear KP model, while finite gaps between the Bloch bands remain empty. However, in contrast with the situation known in the model combining a periodic potential and the self-focusing Kerr nonlinearity, the solitons fill only a finite zone near the top of the semi-infinite gap, which is a consequence of the saturable character of the CQ nonlinearity. If the potential structure is much deeper, then fundamental and double (both symmetric and antisymmetric) solitons with a flat-top shape are found in the finite gaps. Computation of stability eigenvalues for small perturbations and direct simulations show that all the solitons are stable. In the shallow KP potential, the soliton characteristics, in the form of the integral power Q (or width w) versus the propagation constant k, reveal strong bistability, with two and, sometimes, four different solutions found for a given k (the bistability disappears with the increase of the depth of the potential). Disobeying the Vakhitov-Kolokolov criterion, the solution branches with both dQ/dk > 0 and dQ/dk < 0 are stable. The curve Q(k) corresponding to each particular type of the solution (with a given number of local peaks and definite symmetry) ends at a finite maximum value of Q (breathers are found past the end points). The increase of the integral power gives rise to additional peaks in the soliton's shape, each corresponding to a subpulse trapped in a local channel of the KP structure (a beam-splitting property). It is plausible that these features are shared by other models combining saturable nonlinearity and a periodic substrate.

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