Partex Group

Last updated
Partex Group
Company type Private
Industry Conglomerate
Founded1962;62 years ago (1962) [1]
Founder MA Hashem [2]
Headquarters,
Bangladesh
Key people
Aziz Al- Mahmood (Managing Director)
ProductsFood & 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.
RevenueUS$800 million [3]
Number of employees
Over 70,000 [1]
Website www.partexgroup.com , www.partex.net , www.partexstargroup.com.

Partex Group is one of the largest family-run conglomerates in Bangladesh, consisting of over 70 factories. [4] The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, plastics, etc. [5]

Contents

History

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]

Partex's companies are in nearly all sectors, including food and beverages, plastics, fabrics, cotton, sugar, paper, jute, shipping, furniture, agribusiness, oil, cables, aviation, PVC, telecommunication, logistics, fisheries, education, services, IT, denim fabric industry and many more.

M. A. Hashem also founded two leading private banks in Bangladesh – The City Bank and United Commercial Bank Limited (UCB).

List of companies

See also

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References

  1. 1 2 "About Us". Archived from the original on 2016-11-22. Retrieved 2014-05-07.
  2. 1 2 "How tycoons from Nepal, Bangladesh, Pakistan and Sri Lanka built thriving business empires". The Times of India. Retrieved 2016-04-02.
  3. "Partex Group Overview". LinkedIn.
  4. "PARTEX - About Us".
  5. 1 2 Rahman, Sajjadur (6 July 2010). "Partex Group splits". The Daily Star.
  6. "Enterprises". Archived from the original on 2015-07-21. Retrieved 2014-05-07.
  7. "Partex Furniture opens new showroom". The Financial Express. Dhaka. Retrieved 2016-04-02.
  8. "Partext Star Group Corporate". Partext Star Group.
  9. "Partex Group chairman fails to turn up at ACC". Prothom Alo. Archived from the original on 2016-09-18. Retrieved 2016-04-02.
  10. "Welcome". Partext Petro.