Native name | ট্রান্সকম গ্রুপ |
---|---|
Company type | Private |
Industry | Conglomerate |
Founded | 1985 |
Founder | Latifur Rahman |
Headquarters | , Bangladesh |
Area served | Bangladesh to 67 Countries |
Key people | Shahnaz Rahman (Chairman) |
Products | Pharmaceuticals, Beverages, Distribution & Logistics, Consumer Goods, Restaurant Franchise, Electronics, Printing, Lighting, Media, Clearing & Forwarding, Affiliated Business |
Revenue | US$600 million (2020) |
Number of employees | 20,000 |
Subsidiaries | Eskayef Pharmaceuticals Ltd The Daily Star |
Website | www |
Transcom Limited is a Bangladeshi business conglomerate. The businesses under this group include beverage, pharmaceuticals, newspaper, radio channel, electronics, foods, etc. Transcom is the local agent or comprador of international brands. This group employs more than 10,000 people. Transcom Group is one of the oldest and biggest companies in Bangladesh. Their operation in Bangladesh initially started in 1985 as a tea plantation company.
Latifur Rahman established Transcom Group in 1973 [1] after W Rahman Jute Mills, the major earning source for the Rahman family, was nationalised in 1972. [2] This diversified business house now has interests in many segments in the industrial and service sectors in Bangladesh. Transcom is the local agent or comprador of international brands like Pizza Hut, KFC, Pepsi and Philips, etc. Leading Danish insulin manufacturer Novo Nordisk has also chosen Transcoms pharmaceutical company Eskayef as the sole manufacturer of its products after China and India in Asia. [3]
Some of the foreign brands managed by the group include: Pepsi, 7Up, Mirinda, Mountain Dew, Diet Pepsi, 7up Light, Aquafina, Sting, Evervess, KFC, Pizza Hut, Philips N.V, Whirlpool, Maybelline, Garnier, Heinz, Frito-Lay, Lindt, Servier, Novo Nordisk.
Transcom Group also owns two major newspapers, The Daily Prothom Alo and The Daily Star , and an FM radio channel, ABC Radio, to advocate in favour of their business policy. [4]
Some other ventures by Transcom Group include pharmaceuticals (Eskayef Pharmaceuticals Ltd.), distribution (Transcom Distribution Company ltd), etc.
The chairman and CEO of Transcom Group, Latifur Rahman, won the 2012 Oslo Business for Peace Award for maintaining commitment to social responsibility and ethical values. [5] Rahman was also the vice president of ICC Bangladesh, and chairman of Nestlé Bangladesh, Holcim Bangladesh and National Housing Finance and Investments. He was a director of Linde Bangladesh (formerly British Oxygen) and member of the governing board of BRAC, the world's largest non-governmental organization. [3]
7 Up or Seven Up is an American brand of lemon-lime–flavored non-caffeinated soft drink. The brand and formula are owned by Keurig Dr Pepper, although the beverage is internationally distributed by PepsiCo except the UK where it is distributed by Britvic, PepsiCo's designated UK distributor.
Suntory Holdings Limited is a Japanese multinational brewing and distilling company group. Established in 1899, it is one of the oldest companies in the distribution of alcoholic beverages in Japan, and makes Japanese whisky.
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Eskayef Pharmaceuticals Ltd., also known as SK+F, is a pharmaceutical company in Bangladesh. It belongs to the Transcom Group. Simeen Rahman is the Managing Director and CEO of the company.
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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.
Faraaz Ayaaz Hossain was a 20-year-old Bangladeshi murder victim in the July 2016 Dhaka attack. He was the grandson of Latifur Rahman, chairman of Transcom Group and Shahnaz Rahman. Faraaz was the younger child of Simeen and Muhammad Waquer. He was studying undergraduate at the Goizueta Business School in Atlanta, Georgia, USA and came to Dhaka in mid May to spend his summer holidays.
Seven-Up Bottling Company Ltd is a soft drinks manufacturer headquartered in Lagos, Nigeria. Its shares were previously quoted on the Nigerian Stock Exchange but after a buyout of outstanding public shares by the investment arm of the founder's family, it became privately owned. Seven-Up Bottling Company Ltd is one of the largest manufacturing companies in Nigeria, producing and distributing some of the nation's most-loved beverages in the country like; Pepsi, 7Up, Mirinda, Teem, Mountain Dew, H2oH!, Lipton Ice Tea, Supa Komando Energy Drink and Aquafina premium drinking water.
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