March 24, 2017 2:29 PM ET

Industrial Conglomerates

Company Overview of Zamil Group Holding Company

Company Overview

Zamil Group Holding Company, through its subsidiaries, engages in air-conditioning manufacturing, plastics, steel fabrication, paints, cranes, and heavy process equipment businesses. The company also engages in shipbuilding and repair, port operations and maintenance, petrochemicals and chemicals, banking and industrial investment, general construction, food processing, travel services, fencing systems, and packaging businesses. In addition, it offers construction and building materials, such as steel buildings, structural steel products, process equipment, towers and galvanizing products, and concrete and insulation products, as well as HVAC, manufacturing, services, and maintenance. The co...

P.O. Box 9

Al Khobar,  31952

Saudi Arabia

Founded in 1930

Phone:

966 13 882 4888

Fax:

966 13 882 2509

Key Executives for Zamil Group Holding Company

President, Managing Director of Strategy and Director
Managing Director of Finance & Investment and Director
Vice President of Corporate Human Resources and Communications
Managing Director of Business Development and Director
Age: 66
General Manager of Corporate Business Development
Compensation as of Fiscal Year 2016.

Zamil Group Holding Company Key Developments

VT Halter Marine, Inc. Forms Joint Venture with Raytheon Company and Zamil Group

Singapore Technologies Engineering Ltd. announced that its US subsidiary, VT Halter Marine, Inc. has formed ZHR Marine, LLC, a joint venture with Raytheon Company and Zamil Group, in the Kingdom of Saudi Arabia. The issued and paid up capital of ZHR Marine is Saudi Riyal SR 3 million (approximately $0.8 million or SGD 1.1 million), with each holding one-third of the shareholding. ZHR Marine's three founding companies offer capabilities in shipbuilding and systems integration as well as extensive experience across sea and shore-based sensors and weapons. The partnership will leverage the experience of VT Halter Marine in the construction of naval vessels, the in-Kingdom shipbuilding capability of the Al Zamil Group, and Raytheon's broad portfolio of naval systems and weapons, and ship systems integration expertise. The JV is set up for the purpose of bidding for projects under the Royal Saudi Naval Force (RSNF) Eastern Fleet Modernisation Programme, which requires local content.

Etihad Etisalat Company Reportedly Picks Investors For Its Cellular-Tower Network Assets

Etihad Etisalat Company (SASE:7020) has reportedly picked investors including IHS Group Holdings Ltd. and Providence Equity Partners LLC to submit second round bids for its cellular-tower network assets in the country, according to three people with knowledge of the matter. Al Rajhi Holding Group and Zamil Group Holding Company have also been chosen to bid for the assets, which could be worth as much as $2 billion, the people said, asking not to be identified as the information is private. Etihad Etisalat Company has delayed the bidding by a couple of months after recent management changes that saw the appointment of a new chief executive officer and chief financial officer, the people said. The process is expected to kick-off again in November 2015, the people said. Representatives for IHS Group Holdings, Etihad Etisalat Company and Providence Equity Partners declined to comment. Officials at Al Rajhi and Al Zamil weren’t immediately available to comment.

Sparrows Group Enters Partnership Agreement with Zamil Group to Expand in Saudi Arabia

Sparrows Group has expanded its reach in the Middle East after forming a local partnership with Zamil Group in Saudi Arabia. The firm already has Middle East bases in Abu Dhabi, UAE and Al Khor, Qatar and recently opened new regional headquarters in Dubai. The Sparrows Group announced Middle East is already an important market for company and it will continue to play an increasingly significant role in the years to come. The Sparrows Group announced Saudi Arabia is a powerhouse in the region and company has focused a lot of resources in identifying the right partner to support in entering the country. The agreement sees Sparrows Group offering its products through the local service provider as part of a plan to treble business in Asia Pacific over the next five years.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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