AQESA

What AQESA does

Evostel (AQESA) is a Saudi Arabia-based authorized distributor and solutions provider operating as a subsidiary of the Al Quraishi conglomerate. The company supplies electrical, control and automation, aviation and runway lighting, HVAC and mechanical, digital, and IoT products, and complements these product lines with end-to-end electrical services covering design, engineering, testing, and energization. Its claimed operational history of 47+ years (implying founding around 1978), 120+ expert professionals, and 138 completed projects position it as an established local interface between global industrial OEMs and Saudi end customers.

The company's product surface spans five core categories: Electrical Supplies, Control and Automation Supplies, HVAC, Fire Fighting and Mechanical Supplies, Airport Lighting and Aviation Services, and Electrical Services. It holds authorized distribution agreements with major global technology vendors including Siemens, Schneider Electric, ABB, Rockwell Automation, Eaton, Signify, Mennekes, Bartec, 3M, and Rocol, and has elevated relationships with Siemens Digital Industries and Schneider Electric into strategic co-development partnerships. Domain specialization is visible in airport and runway lighting systems, supported by participation in the Global Airports Forum and active engagement with Saudi aviation customers.

AQESA's business model is enterprise B2B field sales with quote-based, multi-year contract pricing. Revenue is generated through hardware distribution and professional services, targeting oil and gas, aviation, power and water, industrial, commercial, and infrastructure customers. Marquee customers include Saudi Aramco, SABIC, NEOM, PIF, Ma'aden, Saudi Electricity Company, the Saudi Ministry of Defense, Red Sea Global, and Diriyah, indicating concentrated exposure to Saudi state-owned enterprises and Vision 2030 mega-projects. The company operates from Al Khobar (headquarters) and Jeddah (showroom opened March 2025) and markets through its website, LinkedIn, YouTube, industry events, and earned media including The Energy Year Saudi Arabia 2025.

Name

AQESA

Legal name

AQESA

Website

https://aqesa.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

AQESA (Evostel) is a Saudi Arabia-based authorized distributor and solutions provider of electrical, automation, airport lighting, and IoT supplies, serving industrial and infrastructure customers including Saudi Aramco, SABIC, NEOM, and PIF as a subsidiary of Al Quraishi.

Ownership category

akta.pro rank

Product category

Industrial Electrical and Automation Supplies

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Electrical Equipment Manufacturing (3353)

SIC

Electrical Industrial Apparatus (3620), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial Instruments For Measurement, Display, And Control (3823), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

HVAC, Water Heaters & Indoor Air Quality Distribution (CRAOAFAJ)

akta.pro secondary industries

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB), Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG), Indoor Air Quality Equipment Installation (Humidifiers, Dehumidifiers, Air Purifiers) (HSAOAGAK)

Keywords

• Industrial electrical supplies
• Control automation solutions
• Airport lighting systems
• HVAC mechanical supplies
• Industrial engineering services

Headquarters

HQ city

Al Khobar

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Electrical and Industrial Supplies: Sale of high-quality electric supplies for industrial, commercial, and infrastructure projects. Comprehensive range of electrical products.
2. Control and Automation Products: Control and automation products and solutions sold to industrial customers for smarter operations.
3. HVAC and Mechanical Components: HVAC and mechanical supplies for building systems and industrial operations.
4. Electrical Services: End-to-end electrical services including design, engineering, testing, and energization of electrical solutions for modern infrastructure and hi-tech industrial projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

AQESA (operating as Evostel) supplies industrial electrical products, control and automation systems, HVAC and mechanical components, and airport lighting/aviation technologies as an authorized distributor for global brands such as Siemens, ABB, Rockwell Automation, Schneider Electric, Eaton, Signify, Mennekes, Bartec, 3M, and Rocol. The company complements these supplies with end-to-end electrical services covering design, engineering, testing, and energization for industrial, commercial, aviation, power, water, oil & gas, and infrastructure projects across Saudi Arabia and the Middle East.

Product overview

Evostel is a provider of electrical, control, automation, aviation, runway lighting systems, airport technologies, digital, and IoT supplies for various industries. The company operates as a product distributor and service provider offering a portfolio of product categories including Electrical Supplies, Control & Automation Supplies, HVAC/Fire Fighting & Mechanical Supplies, and Airport Lighting & Aviation Services. The company also provides complementary Electrical Services covering design, engineering, testing, and energizing of electrical solutions. The product portfolio serves industrial, commercial, and infrastructure projects across sectors including oil & gas, industrial, aviation, power & water, commercial, and infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Supplies Comprehensive range of high-quality electric supplies designed to meet the demanding needs of industrial, commercial, and infrastructure projects, offered as an authorized distributor for global electrical brands.
• Control & Automation Supplies Full suite of control and automation products that empower industrial customers to achieve smarter operations, supplied through authorized partnerships with Siemens, ABB, Rockwell Automation, Schneider Electric, and others.
• HVAC, Fire Fighting & Mechanical Supplies Essential HVAC, fire fighting, and mechanical components that support efficient building systems and industrial operations for commercial and industrial customers.
• Airport Lighting & Aviation Services Reliable airport lighting systems and advanced aviation technologies supporting the aviation sector, including runway lighting, airport operational technology, and related aviation safety infrastructure.
• Electrical Services End-to-end electrical services covering design, engineering, testing, and energization of electrical solutions tailored to the demands of modern infrastructure and hi-tech industrial projects.

Quantifiable outcome

• 138 completed projects delivered successfully
• +1 more outcomes

Named customers20 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered core, key and minor.

• Siemens Digital IndustriescoreStrategic or Co-development Partner · 4 March 2026Strategic agreement signed with Siemens Digital Industries to advance regional capabilities in digital industries and automation solutions.
• Stock On FirekeyTechnology or Integration · 5 February 2026Strategic partnership to enhance digital procurement solutions for streamlined supply chain and purchasing processes.
• GNSkeyStrategic or Co-development Partner · 20 January 2026Strategic workshop hosted with GNS to align goals for 2026, demonstrating collaborative planning and partnership development.
• Schneider ElectriccoreStrategic or Co-development Partner · 5 October 2025Strategic partnership to accelerate innovation and growth in electrical, automation, and digital solutions across Saudi Arabia.
• Khobar MunicipalityminorStrategic or Co-development Partner · 1 November 2024Collaboration to plant 1,000 trees in support of Net-Zero goals and Saudi Arabia's sustainability vision.
• Rockwell AutomationcoreChannel Partner/ Reseller/ DistributorAuthorized distributor and channel partner for Rockwell Automation products. Participation in Rockwell Automation Fair events in Chicago and Saudi Arabia.
• ABBcoreChannel Partner/ Reseller/ DistributorAuthorized distributor for ABB electrical and automation products includingLogo and industrial solutions.
• EatoncoreChannel Partner/ Reseller/ DistributorAuthorized distributor for Eaton products including Crouse-Hinds and B-Line series. Active participation in Eaton distributor events in Dammam.
• SiemenscoreChannel Partner/ Reseller/ DistributorAuthorized distributor for Siemens industrial automation and electrical products. Strategic agreement with Siemens Digital Industries.
• SignifykeyChannel Partner/ Reseller/ DistributorAuthorized distributor for Signify lighting products and solutions.
• MennekeskeyChannel Partner/ Reseller/ DistributorAuthorized distributor for Mennekes electrical connectors and industrial plugs.
• BarteckeyChannel Partner/ Reseller/ DistributorAuthorized distributor for Bartec industrial electrical products.
• 3MkeyChannel Partner/ Reseller/ DistributorAuthorized distributor for 3M electrical market products. Received recognition from 3M for excellence.
• RocolkeyChannel Partner/ Reseller/ DistributorAuthorized distributor for Rocol industrial products.
• Al QuraishicoreOthersParent company - Evostel is a subsidiary of Al Quraishi, providing regional backing and strategic alignment.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Schneider Electric (Saudi operations): One of AQESA/Evostel's principal OEM partners but also a competitor through direct sales and systems integrator networks; comparable as a Saudi-active supplier of electrical distribution, automation, and energy management solutions to the same industrial customer base.
• Sonepar: World's largest B2B electrical distributor with MENA operations; closest functional analogue to AQESA/Evostel as a multi-brand value-added distributor of electrical, automation, and lighting products to industrial and infrastructure customers.
• Rexel: Global electrical products and services distributor with deep presence across MENA; comparable as a multi-OEM electrical distributor serving industrial, commercial, and infrastructure customers, though at vastly larger scale and broader geographic reach.
• WESCO International: Global value-added distributor of electrical, communications, and utility products with strong Middle East presence; comparable business model to AQESA/Evostel in serving industrial customers with multi-OEM electrical and automation portfolios.
• Graybar: Large North American electrical, communications, and data networking distributor; relevant as a peer for the multi-OEM industrial electrical distribution model and solutions-led go-to-market that AQESA/Evostel pursues in Saudi Arabia.

Direct peers

• Alfanar: Saudi electrical solutions group manufacturing and distributing low/medium voltage products, lighting, and construction services; directly comparable as a Saudi-headquartered electrical products and solutions provider serving utilities, oil & gas, and infrastructure customers.
• Bahra Electric: Saudi-based manufacturer of wires, cables, and electrical products with regional distribution; a directly comparable Saudi electrical products player serving similar industrial, commercial, and infrastructure end markets.
• Riyadh Cables Group: Saudi manufacturer and supplier of electrical cables and wires serving power, oil & gas, and infrastructure sectors; directly comparable as a Saudi electrical products company targeting the same industrial and utility customers as AQESA/Evostel.

Regional players

• ADES Holding Company: Saudi energy and industrial services provider serving Aramco and other regional oil & gas customers; comparable as a Saudi-headquartered technical solutions provider to industrial and energy customers, though more services- than distribution-led.
• NAFFCO: UAE-based manufacturer and supplier of firefighting, fire protection, and life-safety equipment with regional distribution; comparable as a Middle East industrial equipment distributor with HVAC/fire-mechanical adjacency, though focused on fire/life-safety rather than electrical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@Evostel
• LinkedInlinkedin.com/company/aqesa

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AQESA