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{{Infobox company {{Infobox company
| name = Zamil Industrial Investment Co. (Zamil Industrial) | name = Zamil Industrial Investment Co. (Zamil Industrial)
| type = ]
| traded_as = {{Saudi Stock Exchange|2240}}
| logo = Zamil Industrial Logo.svg | logo = Zamil Industrial Logo.svg
| company_slogan = | company_slogan =
| industry = ], ] | industry = ], ]
| foundation = {{start date and age|1998}}| | foundation = {{start date and age|July 8, 1998}}|
⚫ | key_people = Abdulla M. Al Zamil<br />]<br />Mohammed S. Al Harbi<br />]<br />|
| location_city = ], ], ]|
| assets = SAR 5,903,471,000 (2022)
⚫ | key_people = Khalid A. Al Zamil<br />]<br />Abdulla M. Al Zamil<br />]<br />Osama F. Bunyan<br />COO|
| num_employees = 11,000+ (2019)| | num_employees = 9,000+ (2023)|
| revenue = SAR4.3 billion/USD1.1 billion (2018)|
| products = ], ], ] and climate control systems, telecom and transmission towers, process equipment, ] building products, ] and ] ], and ] projects | products = ], ], ] and climate control systems, telecom and transmission towers, process equipment, ] building products, ] and ] ], and ] projects
| revenue = SAR 3,926,186,000 (2022)
| website = {{URL|www.zamilindustrial.com}}|
}} }}


'''Zamil Industrial Investment Co. (Zamil Industrial)''' ({{lang-ar|'''شركة الزامل للاستثمار الصناعي'''}} ) is a ]<ref> {{webarchive |url=https://web.archive.org/web/20140201175723/http://www.tadawul.com.sa/wps/portal/!ut/p/c1/lZDdCoJAEEYfacbV1bw0CV2T1VpXWm9CSULwJ0yM3r71roICmauZw_kGPihAT1_OzbWcmqEvWzhBYZ85-vmRWQQDwzWQ7cXBlcQjGDmaq3ee5hSZFQsi0shERlbZKCgudp75cWAi4io7CZON5jtbci8zAt_5sL-osICHQ1eDqHtQUDg__2wpZEsr92dXDS0oQixc9qmskvFSj_qiA9TfgFsn5enBOZ2p9wKmsuMp/dl2/d1/L0lJWmlncFJBL0lKaEFDRW9BREFES0FBd0FLaXBpQUF3Qy9ZSTUwc2x5dHdBISEvN19OMENWUkk0MjBHMTkxMElLU1E5VTJBMjBCNS9hY3Rpb25TdHJpbmcvY29tcGFueQ!!/?symbol=2240&amp;tabOrder=1 |date=February 1, 2014 }}</ref> company based in Dammam, Saudi Arabia. Zamil Industrial is engaged in the development of various materials and equipment<ref></ref> for use in the ] industry. ] owns 60% of Zamil Industrial<ref></ref> stocks, while the remaining share is owned by other Saudi Arabian and Gulf Investors. It is listed on the ] TASI (Tadawul All Share Index).<ref></ref> According to Forbes Middle East, Zamil Industrial was among the top 500 companies in the Arab world in 2014.<ref></ref> '''Zamil Industrial Investment Co.''' ({{langx|ar|شركة الزامل للاستثمار الصناعي}}), better known as '''Zamil Industrial''' ({{Langx|ar|الزامل للصناعة}}) is a ] company based in ], ].<ref>{{cite web|url=http://www.tadawul.com.sa/wps/portal/!ut/p/c1/lZDdCoJAEEYfacbV1bw0CV2T1VpXWm9CSULwJ0yM3r71roICmauZw_kGPihAT1_OzbWcmqEvWzhBYZ85-vmRWQQDwzWQ7cXBlcQjGDmaq3ee5hSZFQsi0shERlbZKCgudp75cWAi4io7CZON5jtbci8zAt_5sL-osICHQ1eDqHtQUDg__2wpZEsr92dXDS0oQixc9qmskvFSj_qiA9TfgFsn5enBOZ2p9wKmsuMp/dl2/d1/L0lJWmlncFJBL0lKaEFDRW9BREFES0FBd0FLaXBpQUF3Qy9ZSTUwc2x5dHdBISEvN19OMENWUkk0MjBHMTkxMElLU1E5VTJBMjBCNS9hY3Rpb25TdHJpbmcvY29tcGFueQ!!/?symbol=2240&tabOrder=1|title=2240 - Zamil Industrial Investment Co.|archive-url=https://web.archive.org/web/20140201175723/http://www.tadawul.com.sa/wps/portal/!ut/p/c1/lZDdCoJAEEYfacbV1bw0CV2T1VpXWm9CSULwJ0yM3r71roICmauZw_kGPihAT1_OzbWcmqEvWzhBYZ85-vmRWQQDwzWQ7cXBlcQjGDmaq3ee5hSZFQsi0shERlbZKCgudp75cWAi4io7CZON5jtbci8zAt_5sL-osICHQ1eDqHtQUDg__2wpZEsr92dXDS0oQixc9qmskvFSj_qiA9TfgFsn5enBOZ2p9wKmsuMp/dl2/d1/L0lJWmlncFJBL0lKaEFDRW9BREFES0FBd0FLaXBpQUF3Qy9ZSTUwc2x5dHdBISEvN19OMENWUkk0MjBHMTkxMElLU1E5VTJBMjBCNS9hY3Rpb25TdHJpbmcvY29tcGFueQ!!/?symbol=2240&amp;tabOrder=1|archive-date=February 1, 2014|url-status=dead}}</ref><ref>{{Cite web|title=Zamil Industrial Investment Co - Company Profile and News|url=https://www.bloomberg.com/profile/company/ZIIC:AB|access-date=2021-11-04|website=Bloomberg}}</ref> Zamil Industrial is engaged in the development of various materials and equipment for use in the ] industry.<ref>{{Cite web|title=Zamil Industrial Investment Company (ZIIC) - Company Profile|url=https://www.zawya.com/mena/en/stock/1000114/zamil-industrial-investment-company/2240.SE/|access-date=2021-11-04|website=]|language=en}}</ref> ] owns 20% of Zamil Industrial stocks, while the remaining share is owned by other companies and investors. It is listed on the ]. According to Forbes Middle East, Zamil Industrial was among the top 500 companies in the Arab world in 2014.<ref>{{Cite web|title=Top 500 Companies In the Arab World 2014|url=https://www.forbesmiddleeast.com/list/top-500-companies-in-the-arab-world-2014|url-status=live|archive-url=https://web.archive.org/web/20200609222358/https://www.forbesmiddleeast.com/list/top-500-companies-in-the-arab-world-2014|archive-date=2020-06-09|access-date=2021-11-04|website=Forbes Middle East|language=en-US}}</ref>


==History== ==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.<ref>{{Cite web|title="مكيفات الزامل" تطلق أول منتجاتها في السوق اليمنية|url=https://www.argaam.com/ar/article/articledetail/id/628657|access-date=2021-11-04|website=]|language=ar}}</ref>
Zamil Industrial <ref></ref> was formed in 1998 by merging flagship companies which were previously fully owned by their parent company, ]. Through mergers and acquisitions, Zamil Industrial has grown and expanded into many countries around the world.

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.<ref>, '']''. Retrieved 2021-11-04</ref> In 2002, Zamil Industrial Investment Co. became a public company and was listed on the ] under the symbol: 2240.<ref>{{Cite web|title=History|url=https://www.zamilindustrial.com/index.php?r=ourCompany/index&id=6&lang=en&m=|access-date=2021-11-04|website=Zamil Industrial}}</ref><ref>{{Cite book|last=Burton|first=Edward|url=https://www.worldcat.org/oclc/958946695|title=Business and entrepreneurship in Saudi Arabia : opportunities for partnering and investing in emerging businesses|date=2016|isbn=978-1-119-29617-1|location=Hoboken, New Jersey|pages=111|oclc=958946695}}</ref> Through mergers and acquisitions, Zamil Industrial has grown and expanded into many countries around the world.<ref>{{Cite news|date=2013-06-24|title=Saudi company's growth mirrors kingdom's history|work=]|url=https://www.ft.com/content/72617624-d901-11e2-a6cf-00144feab7de|access-date=2021-11-04}}</ref>

== Subsidiaries ==
Zamil Industrial Investment Co. owns the whole stake of the following companies, among other subsidiaries:<ref>{{Cite web|title=Investments and Subsidiaries|url=https://www.zamilindustrial.com/index.php?r=ourCompany/index&id=36&lang=en|access-date=2021-11-04|website=Zamil Industrial}}</ref>

* 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== ==References==
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* {{Official website|http://www.zamilindustrial.com/}} * {{Official website|http://www.zamilindustrial.com/}}


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Latest revision as of 00:30, 5 November 2024

Zamil Industrial Investment Co. (Zamil Industrial)
ISINSA0007879410 Edit this on Wikidata
IndustryManufacturing, Construction
FoundedJuly 8, 1998; 26 years ago (July 8, 1998)
Key peopleAbdulla M. Al Zamil
Chairman
Mohammed S. Al Harbi
MD
ProductsPre-engineered building, Structural steel, Air conditioning and climate control systems, telecom and transmission towers, process equipment, Precast concrete building products, Fiberglass and Rock wool Building insulation materials, and Solar power projects
RevenueSAR 3,926,186,000 (2022)
Total assetsSAR 5,903,471,000 (2022)
Number of employees9,000+ (2023)

Zamil Industrial Investment Co. (Arabic: شركة الزامل للاستثمار الصناعي), better known as Zamil Industrial (Arabic: الزامل للصناعة) is a publicly listed company based in Dammam, Saudi Arabia. Zamil Industrial is engaged in the development of various materials and equipment for use in the construction industry. Zamil Group Holding Company owns 20% of Zamil Industrial stocks, while the remaining share is owned by other companies and investors. It is listed on the Saudi Stock Exchange (Tadawul). According to Forbes Middle East, Zamil Industrial was among the top 500 companies in the Arab world in 2014.

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.

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. In 2002, Zamil Industrial Investment Co. became a public company and was listed on the Saudi Stock Exchange (Tadawul) under the symbol: 2240. Through mergers and acquisitions, Zamil Industrial has grown and expanded into many countries around the world.

Subsidiaries

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

  • 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. "Zamil Industrial Investment Company (ZIIC) - Company Profile". 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. Burton, Edward (2016). Business and entrepreneurship in Saudi Arabia : opportunities for partnering and investing in emerging businesses. Hoboken, New Jersey. p. 111. ISBN 978-1-119-29617-1. 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

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