Sadek El Sewedy is Chairman/CEO of El Sewedy Industries Group and co-founder of Elsewedy Electric Group, bringing over 35 years of executive and industrial leadership experience. In September 2026, Elsewedy Electric announced the acquisition of a 60% majority stake in Thomassen Service, a UAE-based company specialising in gas turbine maintenance and repair services. The transaction encompasses Thomassen Services’ operational unit for the Middle East and Africa (TSME), its filter manufacturing unit, and its subsidiary operating in Africa.