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 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]
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).
Jute is a long, rough, shiny bast fibre that can be spun into coarse, strong threads. It is produced from flowering plants in the genus Corchorus, of the mallow family Malvaceae. The primary source of the fiber is Corchorus olitorius, but such fiber is considered inferior to that derived from Corchorus capsularis.
Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, is a Bangladeshi multinational conglomerate holding company, headquartered in Dhaka, Bangladesh. It was founded in the early 1970s.
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Jamuna Group is one of the largest Bangladeshi industrial conglomerates. It operates in a range of industry sectors, including Textiles, Chemicals, Leather, motor cycles, Consumer products, Media and Advertisement.
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Arvind Limited is an Indian textile manufacturer and the flagship company of the Lalbhai Group. Its headquarters are in Naroda, Ahmedabad, Gujarat, India, and it has units at Santej. The company manufactures cotton shirting, denim, knits and bottomweight (khaki) fabrics. It had also recently ventured into technical textiles with its Advanced Materials Division in 2011. The company is India's largest denim manufacturer.
Latifur Rahman was a Bangladeshi business magnate and media mogul. He served as the founding chairman and CEO of Transcom Group which deals with beverages, electrical and electronics products, pharmaceuticals, fast food, snacks and breakfast cereals, print media, FM radio and tea plantations mostly as the comprador of international brands like Pizza Hut, KFC, Pepsi and Philips. He was the founding director of Mediaworld and Chairman of Mediastar, which owned The Daily Star and Prothom Alo newspapers, respectively. Both are the nation's leading English and Bangla newspapers.
M. A. Hashem was a Bangladeshi businessman and the founding chairman of Partex Group. He served as member of parliament from the Bangladesh Nationalist Party.
Anwar Group of Industries is one of the largest and oldest Bangladeshi conglomerates. It consists of 18 subsidiaries that are servicing consumer goods, steels, cement, textile, finance and automotive industry. Manwar Hossain is the Chairman of Anwar Group.
Abul Khair Group is a Bangladeshi diversified conglomerate based in Chittagong. Abul Kashem is the chairperson and Abul Hashem is the managing director of Abul Khair Group. Abu Syed Chowdhury is the deputy managing director and Shah Shafiqul Islam is the group director. All four are sons of Abul Khair.
Deshbandhu Group is a Bangladeshi diversified conglomerate based in Dhaka. Golam Mostafa is the Chairperson and Golam Rahman is the Managing Director of Deshbandhu Group. It headquarters in Mostafa Centre, Banani, is located inside a residential neighborhood.
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