Investor Presentaiton
Long Track Record (1/2)
ELSEWEDY
ELECTRIC
The Elsewedy Electric name has existed in the market since 1938 as a distributer of electrical equipment, becoming Egypt's first specialized cables distributor by 1960
and Egypt's first private manufacturer of cables with the establishment of a production plant in 1984. Over the next 30+ years, Elsewedy Electric would expand both
organically and inorganically through the establishment of plants and the acquisition of companies across the value chain both domestically and abroad.
1936-2000
2000-2007
2008-2010
2011-2019
1938
Elsewedy family started its
business as a trader in electrical
equipment
2002
First Factory Outside Egypt, Giad
Elsewedy Cables
2008
Established Elsewedy Cables Algeria
Established Elsewedy Electric Zambia
Acquired 70% stake in ECMEI, for electrical
insulators
Acquired 100% stake in Iskraemco (Slovenia),
for energy measurement & management
systems
2011
Established Elsewedy Technical Academy (STA)
1960
Elsewedy became the only
distributor for specialised cables
in Egypt
2003
Established Sudatraf-
Transformers
Acquired 30% stake in M. Torres Olvega
Industrial (Spain), for wind energy generation
2014
Acquired 100% stake in Elsewedy Electric PSP
Elsewedy becomes Egypt's first
1984
private sector cables
2004
manufacturer, Arab Cables
Established Italsmea Elsewedy, a 2009
JV with Italsmea Italy
Established Elsewedy Cables KSA
Established Elsewedy Cables Ethiopia
Established Elsewedy Cables Yemen
Second factory, Egytech Cables,
is established
Established first plant for
1996
producing PVC compounds and
master batch, Egyplast
2005
Established Elsewedy Cables
Syria
Established Elsewedy Transformers Egypt
Acquired a majority stake in Power System
Projects (PSP)
2017
Established Elsewedy Logistics Properties
2018
Established Elsewedy Technical Academy II (PIP)
1997
United Industries is established
Elastimold Egypt is established
2006
Established Elsewedy Electric
Ghana
2010
Group is renamed to Elsewedy Electric
Increased stake in M. Torres Olvega Industrial
to 90%
2019
Established Elsewedy Technology
Established Elsewedy Utilities
Established Siag Elsewedy Towers, a JV with
Germany-based SIAG
Established United Metals, first
factory for copper rods
1998
Established SEDCO, for cable
accessories
2007
Established Doha Cables
Established Elsewedy Electric
Syria (Transformers)
Established United Wires for
galvanized steel wires
Established Elsewedy Electric Nigeria
Acquired a majority stake in 3W Networks
Acquired a majority stake in Rowad Modern
Engineering
Acquired portfolio of renewable energy assets in
Greece (3 wind parks and 1 hydro power plant)
Reached commercial operation at Benban solar
PV power plants
Elsewedy Electric | Investor Presentation 9M 2021
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