The story
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.
From Wikipedia’s article on Zamil Industrial, shared under CC BY-SA 4.0.4