About Elsewedy Electric
Elsewedy Electric is a company based in Cairo (Egypt) founded in 1938. Elsewedy Electric has completed 3 acquisitions, including CG Power & Industrial Solutions, Iskraemeco and Validus Engineering. Elsewedy Electric offers products and services including Energy Cables, Transformers, Digital Solutions, and Engineering Services. Elsewedy Electric operates in a competitive market with competitors including Vestas, Siemens Gamesa, TPI Composites, Amsc and Broadwind Energy, among others.
- Headquarter Cairo, Egypt
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
$231.98 B52.43as on Dec 31, 2024
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Net Profit
$15.44 B69.56as on Dec 31, 2024
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EBITDA
$29.42 B50.85as on Dec 31, 2024
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Latest Funding Round
Not available
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Investors
International Finance Corporation
& 2 more
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Employee Count
Not available
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Investments & Acquisitions
CG Power & Industrial Solutions
& 2 more
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Products & Services of Elsewedy Electric
Elsewedy Electric offers a comprehensive portfolio of products and services, including Energy Cables, Transformers, Digital Solutions, and Engineering Services.
Cables for efficient energy transmission and distribution systems
Devices that transform voltage for power applications
Platforms for monitoring and optimizing energy usage
Services for power generation and infrastructure projects
Funding Insights of Elsewedy Electric
Investors in Elsewedy Electric
Elsewedy Electric has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, First Abu Dhabi Bank and Europe Arab Bank.
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IFC is focused on private sector development in emerging markets.
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Commercial banking services are provided in the United Arab Emirates.
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Offers private, corporate, and wealth management banking for clients in Europe and MENA region.
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Locked | Locked | Locked |
Investor details for Elsewedy Electric
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Investments & Acquisitions by Elsewedy Electric
Elsewedy Electric has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CG Power & Industrial Solutions, Iskraemeco and Validus Engineering.
Investment portfolio details for Elsewedy Electric
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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FEA and engineering design services are provided to manufacturing firms.
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Locked | Locked | 1987 | Locked | |
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AMI products for energy metering are manufactured globally.
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Locked | Locked | 1945 | Locked | |
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Manufacturer of Industrial and Consumer Electric Equipment
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Locked | Locked | 1937 | Locked |
Complete acquisition details for Elsewedy Electric
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Financial Statements - Elsewedy Electric
Detailed financials for Elsewedy Electric
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Elsewedy Electric Comparisons
Peer comparison for Elsewedy Electric
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Competitors of Elsewedy Electric
Elsewedy Electric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vestas, Siemens Gamesa, TPI Composites, Amsc and Broadwind Energy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Wind turbines are manufactured and installed globally by Vestas.
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Utility-scale wind turbines are manufactured for renewable energy applications.
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Composite wind blades and vehicle structures are manufactured globally.
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Electric power infrastructure products and grid systems are developed.
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Wind turbine towers and assemblies are manufactured and supplied.
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Detailed competitors of Elsewedy Electric
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Latest news on Elsewedy Electric
Complete news archive for Elsewedy Electric
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Frequently Asked Questions about Elsewedy Electric
Elsewedy Electric was founded in 1938 and raised its 1st funding round 84 years after it was founded.
Elsewedy Electric is headquartered in Cairo, Egypt.
Ahmed Sewedy is the current CEO of Elsewedy Electric.
Founded in 1938 and headquartered in Cairo, Egypt, Elsewedy Electric operates across electrical manufacturing and infrastructure sectors. Wires and cables are produced, alongside engineering and contracting services for projects. Transformers are manufactured, while the SWAG division focuses on wind energy components, including turbines, towers, and blades, all from internal facilities. Operations span multiple domains in the energy and construction industries.
Elsewedy Electric's top competitors include Amsc, Siemens Gamesa and Vestas.
Elsewedy Electric offers Energy Cables, Transformers, Digital Solutions, and Engineering Services.
Elsewedy Electric has made 3 acquisitions, including CG Power & Industrial Solutions, Iskraemeco, and Validus Engineering.
Elsewedy Electric has 3 investors. Key investors include International Finance Corporation, First Abu Dhabi Bank, and Europe Arab Bank.