Adamjee Group
| Industry | Conglomerate |
|---|---|
| Founded | 1896 |
| Founder | Haji Dawood |
| Headquarters | , |
| Website | Adamjee Group |
Adamjee Group of Companies is a conglomerate company based primarily in Karachi, Pakistan. The group was headed by Sir Adamjee Haji Dawood.
As of 2007, it is unofficially estimated that the owners of Adamjee Group are among the top 40 wealthiest families of Pakistan.[1]
History
The company was founded by Haji Dawood in 1896.[2]
The company has had changing 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.[3]
Subsidiaries
Enterprises under the umbrella of the group are:
- Ad power[4]
- Panther Trading (Pvt.) Ltd[5]
- Commodities Trading (Pvt.) Ltd[6]
- Matual Trading Co. (Pvt) Ltd.[7]
- Adamjee Pharmaceuticals Ltd[8]
- Coastal Enterprises (Pvt.) Ltd[9]
- Adamjee Diesel Engineering (Pakistan) Ltd[10]
- Pacific Multi Products (Pvt) Ltd[11]
- Adamjee Engineering (Pvt) Ltd[12]
- Chempro Pakistan Ltd[13]
- Enesel Industries (Pvt) Ltd[14]
- Sahara Buying Services[15]
- Adamjee Automotive Ltd[16]
- Adamjee Polymers Company (Pvt) Ltd[17]
- Adamjee Durabuilt Ltd[18]
- Adamjee Corporation[19]
Former enterprises which were based in East Pakistan are:[20][21]
- Jute
- Adamjee Jute Mills
- Jute Fibers Ltd.
- R. Sim & Co. (operated jute presses)
- Sugar
- Adamjee Sugar Mills
- National Sugar Mills
- Textile
- Orient Textile Mills
- Meghna Textile Mills
- Khulna Textile Mills
- Adamjee Cotton Mills
- Bangladesh Textile Mills (now a state-owned enterprise run by the Government of Bangladesh)[22]
- Tea
- National Tea
- Aroma Tea
- Patrakola Tea Company
- Adamjee Tea Gardens[23]
- Cement
- Assam Bengal Cement Company
- Steamship
- Bengal Assam Steamship Company
- Chittagong Steamship Company
- Insurance
- Premier Insurance Company
- Other
- Dhaka Vegetable Oil Mills
- National Tubes (produced galvanized iron pipes and fittings)
- Dacca Tobacco Industries[21] (now owned by Akij Group)[24]
- 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)[25]
- 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.)[26]
Other former enterprises:
- Adamjee Insurance (acquired by Nishat Group in 2004)[27]
- Muslim Commercial Bank (nationalized in 1972 under Zulfikar Ali Bhutto, reprivatised to Nishat Group )
- Orient Airways (became PIA in 1955)
- Adamjee Industries (a textile manufacturing company in Pakistan which now operates as al-Karam Textile Mills)
References
- ^ Hussain, Dilawar (9 December 2007). "People who own greatest amount of wealth".
- ^ "Rober Barons".
- ^ "Great fortunes do not see third generation". 14 June 2004.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Engineering". www.adamjee-engg.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Local News on Bangladesh". www.sdnbd.org. Retrieved 2020-05-24.
- ^ a b "Adamjee Group of Companies". www.adamjees.com. Retrieved 2018-06-03.
- ^ "Local News on Bangladesh". www.sdnbd.org. Retrieved 2020-07-15.
- ^ "Abdul W. Adamjee, Pakistani Magnate, Millionaire, Is Dead". The New York Times. 1972-07-05. ISSN 0362-4331. Retrieved 2020-05-24.
- ^ "Dhaka Tobacco Industries - Tongi Tobacco Processing Plant". www.industryabout.com. Retrieved 2020-05-23.
- ^ "HOME | Partex Star Group Corporate". Retrieved 2020-05-23.
- ^ "Adamjee Group of Companies". adamjees.com. Retrieved 2020-06-28.
- ^ "Mansha group takes over AIC". DAWN.COM. 2004-05-30. Retrieved 2020-05-23.