Zamil Industrial

Source: Wikipedia, the free encyclopedia.
Zamil Industrial Investment Co. (Zamil Industrial)
RevenueSAR 3,926,186,000 (2022)
Total assetsSAR 5,903,471,000 (2022)
Number of employees
9,000+ (2023)

Zamil Industrial Investment Co. (

Saudi Stock Exchange (Tadawul). According to Forbes Middle East, Zamil Industrial was among the top 500 companies in the Arab world in 2014.[4]

History

Originally founded as a small-size trading and real estate business by the late Sheikh Abdullah Al Hamad Al Zamil (1897-1961) in the 1930s, his sons expanded the business in the 1970s by importing and distributing air conditioners, eventually founding their company in 1974.[5]

In 1998, Zamil Industrial was formed as a joint-stock company by merging companies that were previously fully owned by their parent company, Zamil Group Holding Company.

Saudi Stock Exchange (Tadawul) under the symbol: 2240.[7][8] Through mergers and acquisitions, Zamil Industrial has grown and expanded into many countries around the world.[9]

Subsidiaries

Zamil Industrial Investment Co. owns the whole stake of the following companies, among other subsidiaries:[10]

  • Zamil Steel Pre-Engineered Buildings Company - Saudi Arabia
  • Zamil Air Conditioners Holding Company - Saudi Arabia
  • Arabian Stonewool Insulation Company - Saudi Arabia
  • Zamil Industrial Investment Company - UAE
  • Zamil Steel Buildings Company - Egypt
  • Zamil Steel Buildings (Shanghai) Company - China
  • Zamil Steel Buildings India Private Ltd. - India

References

  1. ^ "2240 - Zamil Industrial Investment Co". Archived from the original on February 1, 2014.
  2. ^ "Zamil Industrial Investment Co - Company Profile and News". Bloomberg. Retrieved 2021-11-04.
  3. Zawya
    . Retrieved 2021-11-04.
  4. ^ "Top 500 Companies In the Arab World 2014". Forbes Middle East. Archived from the original on 2020-06-09. Retrieved 2021-11-04.
  5. ^ ""مكيفات الزامل" تطلق أول منتجاتها في السوق اليمنية". Argaam (in Arabic). Retrieved 2021-11-04.
  6. ^ Zamil Industrial Investment Company, Arabian Business. Retrieved 2021-11-04
  7. ^ "History". Zamil Industrial. Retrieved 2021-11-04.
  8. OCLC 958946695.{{cite book}}: CS1 maint: location missing publisher (link
    )
  9. ^ "Saudi company's growth mirrors kingdom's history". Financial Times. 2013-06-24. Retrieved 2021-11-04.
  10. ^ "Investments and Subsidiaries". Zamil Industrial. Retrieved 2021-11-04.

External links