Company type | Private |
---|---|
Industry | Conglomerate |
Founded | 1962[1] |
Founder | MA Hashem [2] |
Headquarters | , Bangladesh |
Key people | Aziz Al Kaiser (Chairman Partex Star Group), Aziz Al- Mahmood (Managing Director) |
Products | Food & Beverages, Steel, Real Estate, Furniture, Plastics, Paper, Power & Energy, Jute, Agribusiness, Shipyards, Shipping, Cotton, Textile, Construction, IT, Cables, Aviation, PVC, Ceramics, Telecommunication, Oil, Logistics, Fisheries, etc. |
Revenue | US$800 million [3] |
Number of employees | Over 70,000 [1] |
Website | www |
Partex Group is a family-run conglomerate in Bangladesh, consisting of over 70 factories. [4] The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, and plastics. [5]
It started in 1962, by industrialist M. A. Hashem with commodity trading. [2] Now it owns over 70 subsidiaries from tobacco to consumer goods, furniture, textile and the IT sector. It has split into two groups to improve management of its subsidiaries - Partex Holdings and Partex Star Group. [5]
M. A. Hashem also founded two leading private banks in Bangladesh – The City Bank and United Commercial Bank Limited (UCB).
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