Saudi Arabia
Alessa Industries Co. is a pioneering company in the air conditioning, refrigeration, and home appliance manufacturing sectors. Originally founded in 1935 by Hamad Abdullah Alessa, the company has evolved into an integrated leader in the cooling business under the umbrella of Alessa Industrial Company (AIC).
The company is strategically positioned in the Consumer Electronics and Manufacturing industries, offering a comprehensive product range that includes refrigerators, freezers, air conditioners, and air handling units. It also excels in distribution, installation, and service management across the Middle East and Africa.
With a robust organizational structure, AIC encompasses three Strategic Business Units: the trading company Hamad A. Alessa & Sons Co. (HAASCO), the manufacturing arm Alessa for Refrigeration and Air Conditioning Co. (ARAC), and the project-oriented Al Essa Advanced Projects Co. (AAPC). Supporting these units is a corporate office located in Saudi Arabia that handles essential functions such as finance, IT, and HR. Despite its longstanding history, no recent investments have been recorded, indicating an opportunity for potential investors to engage with an established brand seeking fresh capital and potentially new growth avenues.
