Adamjee Group

Last updated
Adamjee Group
Company type Corporate group
Founded1896
FounderHaji Dawood
Headquarters
Karachi
,
Pakistan
Key people
 Adamjee Haji Dawood
Abdul Wahid Adamjee
Website adamjees.com

Adamjee Group of Companies is a group of companies headquartered in Karachi, Pakistan. The group was previously headed by Sir Adamjee Haji Dawood.

Contents

As of 2007, it is unofficially estimated that the owners of Adamjee Group are among the top 40 wealthiest families in Pakistan. [1]

History

Adamjee Group was founded by Haji Dawood in 1896. [2] The family holding company was formally registered as Adamjee Sons, Ltd. in Pakistan. [3] In 1964, Time described Gul Mohamed Adamjee as the jute king of Pakistan. [3]

Adamjee Group has had to change fortunes over the past 50 years, initially originating as a jute and banking conglomerate, later spreading to other industries such as tea, textiles, matches, sugar, paper board, chemicals, engineering and insurance. [4]

Subsidiaries

Enterprises under the umbrella of the group are:

Former subsidaries

East Pakistan

Former enterprises which were based in East Pakistan are: [21] [22]

  • Jute
  • Sugar
    • National Sugar Mills
  • Textile
    • Orient Textile Mills
    • Meghna Textile Mills
    • Khulna Textile Mills [23]
  • Tea
  • Cement
    • Assam Bengal Cement Company
  • Insurance
    • Adamjee Insurance
  • Other
    • Dhaka Vegetable Oil Mills
    • National Tubes (produced galvanized iron pipes and fittings)
    • Dacca Tobacco Industries [22] (now owned by Akij Group) [25]
    • Gammon East Pakistan Ltd. (a civil engineering and construction firm)
    • Premier Laminations (a company that produced polyethylene bags)
    • Star Particle Board Mills (now owned by Partex Group) [26]
    • Adamjee Sons Ltd. (A holding company which owned the shares of the group's subsidiaries along with properties, tea gardens, and stock in other corporations on behalf of the Adamjee family. It was nationalized by the Government of Bangladesh in 1971 and continues to be run as a state-owned enterprise today.) [27]

West Pakistan

See also

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References

  1. ↑ Hussain, Dilawar (9 December 2007). "People who own greatest amount of wealth".
  2. ↑ "Rober Barons".
  3. 1 2 "Pakistan: The Jute King". TIME. December 4, 1964.
  4. ↑ "Great fortunes do not see third generation". 14 June 2004.
  5. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  6. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  7. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  8. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  9. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  10. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  11. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  12. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  13. ↑ "Adamjee Engineering". www.adamjee-engg.com. Retrieved 2018-06-03.
  14. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  15. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  16. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  17. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  18. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  19. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  20. ↑ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  21. ↑ "Local News on Bangladesh". www.sdnbd.org. Retrieved 2020-05-24.
  22. 1 2 "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
  23. ↑ "Local News on Bangladesh". www.sdnbd.org. Retrieved 2020-07-15.
  24. ↑ "Abdul W. Adamjee, Pakistani Magnate, Millionaire, Is Dead". The New York Times. 1972-07-05. ISSN   0362-4331 . Retrieved 2020-05-24.
  25. ↑ "Dhaka Tobacco Industries - Tongi Tobacco Processing Plant". www.industryabout.com. Retrieved 2020-05-23.
  26. ↑ "HOME | Partex Star Group Corporate" . Retrieved 2020-05-23.
  27. ↑ "Adamjee Group of Companies". adamjees.com. Retrieved 2020-06-28.
  28. ↑ "Mansha group takes over AIC". DAWN.COM. 2004-05-30. Retrieved 2020-05-23.
  29. ↑ https://www.dawn.com/news/887488/when-fortune-stops-smiling-on-someone
  30. ↑ https://www.dawn.com/news/1402847
  31. ↑ https://www.dawn.com/news/1690529
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