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Revision as of 01:11, 4 November 2021 by Elhady514 (talk | contribs) (added more info and citations)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)ISIN | SA0007879410 |
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Industry | Manufacturing, Construction |
Founded | 1998; 27 years ago (1998) |
Key people | Khalid A. Al Zamil Chairman Abdulla M. Al Zamil CEO Osama F. Bunyan COO |
Products | Pre-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 |
Revenue | 628,682,000 Saudi riyal (2019) |
Total assets | 5,643,398,000 Saudi riyal (2019) |
Number of employees | 11,000+ (2019) |
Zamil Industrial Investment Co. (Zamil Industrial) (Template:Lang-ar) 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 owns 60% of Zamil Industrial stocks, while the remaining share is owned by other Saudi Arabian and Gulf 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 through importing and distributing air conditioners, eventually founding founded their company in 1974.
In 1998, Zamil Industrial was formed as a joint-stock company by merging flagship companies which were previously fully owned by their parent company, Zamil Group Holding Company.
Zamil Industrial Investment Co. became a public company in 2002 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 Group Holding Company owns the whole stake of these 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
- Zamil Steel Buildings India Private Ltd.
References
- Zamil Industrial Investment Co. is listed in Saudi Stock Exchange using company code 2240 Archived February 1, 2014, at the Wayback Machine
- Zawya Companies Profiles
- Key Executives of Zamil Industrial
- TASI (Tadawul All Share Index)
- List of Top 500 Companies in the Arab World
- ""مكيفات الزامل" تطلق أول منتجاتها في السوق اليمنية". Argaam (in Arabic). Retrieved 2021-11-04.
{{cite web}}
: CS1 maint: url-status (link) - Middle East Business News - arabianbusiness.com
- "History". www.zamilindustrial.com. Retrieved 2021-11-04.
- 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) - "Investments and Subsidiaries". www.zamilindustrial.com. Retrieved 2021-11-04.