Societe Industrielle d'Appareillage et de Materiels Electriques SA
BBVMT:SIAME3.70
TND
+0.08
(+2.21%)
ISIN
TN0006590012
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Grombalia Tunisia
- IPO Date
- Aug 4, 1999
- Similar Companies
- Business
- Societe Industrielle d'Appareillage et de Materiels Electriques SA (SIAME) is a Tunisia-based manufacturing company that designs, produces, and distributes electrical equipment, metering systems, and energy management solutions. Founded in 1976 and headquartered in Grombalia, Tunisia, the company operates across the electrical distribution, utility metering, and industrial subcontracting sectors. SIAME offers a comprehensive portfolio of products and services, including: energy metering systems, comprising single-phase and three-phase electromechanical meters, electronic energy meters, smart meters integrating G3-PLC communication protocols, and centralized meter data management solutions; low- and medium-voltage protection and distribution apparatus, such as modular circuit breakers, residual current circuit breakers, distribution switchboards, connection boxes, disconnectors, and surge arresters; overhead and underground line accessories, including insulation piercing connectors, anchoring and suspension clamps, pre-insulated sleeves, junction boxes, and terminal connection hardware for power transmission networks; energy-efficient lighting solutions, featuring commercial and public LED luminaires, intelligent street lighting fixtures, and connected municipal lighting controls; and industrial subcontracting services, which encompass precision plastic injection, metal stamping, sheet metal processing, tooling design, and electro-mechanical assembly for third-party original equipment manufacturers. The company serves public utilities, electrical installation contractors, infrastructure developers, industrial clients, and commercial distributors. Beyond its domestic presence in Tunisia, SIAME exports products across North Africa, Sub-Saharan Africa, the Middle East, and Europe. Its industrial operations are supported by specialized manufacturing and exporting subsidiaries, including Contact and SMT, alongside affiliates such as Siame International, Toutalu, and Electrica, which focus on automotive component assembly, wiring harnesses, and custom contract manufacturing for global industrial clients. In recent developments, SIAME has accelerated its strategic transition into digital grid infrastructure through its participation in the national Smart Grid deployment program led by the state utility Societe Tunisienne de l'Electricite et du Gaz (STEG). Working in technical collaboration and industrial partnership with global technology providers such as Sagemcom, SIAME has scaled the manufacturing and rollout of G3-PLC certified smart meters and specialized metering cabinets, driving significant top-line revenue growth in its utility-facing business segment. Concurrently, the company has undertaken operational and financial restructuring programs aimed at optimizing production capacity for automated metering infrastructure, streamlining balance sheet debt, and expanding its export footprint in smart energy management and specialized automotive sub-assemblies.