Partex Group

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Partex Group
Company typePrivate
IndustryConglomerate
Founded1959[1]
FounderM.A Hashem [2]
HeadquartersDhaka, Bangladesh
Key people
M.A Hashem (Chairman)[3]
ProductsFood & Beverages, Steel, Real Estate, Furniture, Plastics, Paper, Power & Energy, Jute, Agribusiness, Shipyards, Shipping, Textile, Construction, IT, etc.
Total assetsUS$7.2 billion (556.3 billion ৳) (2016)
Number of employees
Over 50000[4]
Websitewww.partexgroup.com, www.partex.net, www.partexstargroup.com.

Partex group is one of the largest Bangladeshi industrial conglomerates. The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, plastics, etc.[5]

History

It started in 1959, by industrialist MA Hashem with tobacco trading.[6] It owns over 40 subsidiaries from tobacco to consumer goods, furniture, textile and the IT sector. Pioneering 45 diverse industries makes Partex group the largest conglomerate in Bangladesh. It has split into two groups to improve management of its subsidiaries.[7]

The One Group owns Star Particle Board Mills, Danish Condensed Milk, Danish Food Products, Danish Milk Bangladesh, Danish Distribution Network, Partex Furniture Industries, Corvee Maritime, Ferrotechnic Ltd, Rubel Steel Mills, Partex Ltd, Partex Builders, Partex Agro Ltd, Partex Housing, and Partex Laminates.[7]

The other group, Partex Holdings, under Hashem, owns Amber Cotton Mills, Amber Pulp and Paper Mills, Partex Beverage, Partex Plastics, Partex Real Estate, Star Vegetable Oil Mills, Star Coconut Mills, Dhakacom Ltd (ISP), Fotoroma, Partex Spinning, Denim, and Partex Oil Tankers along with Deep Sea Fishing Services, and Hashem Corporation (Pvt) Ltd.[7]

List of companies

  • Star Particle Board Mills Limited[8]
  • Partex Furniture[9]
  • Partex Builders Limited
  • Partex Laminates Limited
  • Partex PVC Industries Limited
  • Partex Agro Limited
  • Rubel Steel Mills Limited
  • Corvee Maritime Co. Limited
  • Ferrotechnic Limited
  • Partex Limited
  • Partex Housing Limited
  • Danish Condensed Milk (BD) Ltd[10]
  • Danish Foods Limited
  • Danish Distribution Network Limited
  • Danish Milk Bangladesh Limited
  • Danish Dairy Farm Limited
  • Amber Pulp & Paper Mills Limited
  • Partex Paper Mills Limited
  • Partex Board Mills Limited
  • Partex Sugar Mills Limited[11]
  • Amber Cotton Mills Limited (UNIT-1)
  • Amber Cotton Mills Limited (UNIT-2)
  • Partex Rotor Spinning Mills Limited
  • Partex Denim Limited
  • Partex Denim Mills Limited
  • Partex Energy Limited
  • Partex Holdings
  • Dhakacom Limited
  • Partex Properties Limited
  • Partex Beverage Limited
  • Partex Plastics Limited
  • Partex Foundry Limited
  • Partex Jute Limited
  • Partex Shipyards Limited
  • Partex Oil Tankers
  • Partex Deep Sea Fishing Services
  • Partex Cables Ltd.
  • Partex Logistics Ltd.
  • Partex Petro Ltd.
  • Partex Fisheries Ltd.
  • Partex Aviation Ltd.
  • Partex Ceramics Ltd.
  • New Era Milk Processing Ltd.
  • New Horizon Farms Ltd.
  • Partex Accessories Ltd.
  • Royal Crown Cola
  • MUM Water

See also

References

  1. ^ http://www.partexgroup.com/about_us.html
  2. ^ "How tycoons from Nepal, Bangladesh, Pakistan and Sri Lanka built thriving business empires - Times of India". The Times of India. Retrieved 2016-04-02.
  3. ^ "How tycoons from Nepal, Bangladesh, Pakistan and Sri Lanka built thriving business empires - Times of India". The Times of India. Retrieved 2016-04-02.
  4. ^ http://www.partexgroup.com/about_us.html
  5. ^ http://www.thedailystar.net/newDesign/news-details.php?nid=145603
  6. ^ "How tycoons from Nepal, Bangladesh, Pakistan and Sri Lanka built thriving business empires - Times of India". The Times of India. Retrieved 2016-04-02.
  7. ^ a b c "Partex Group splits". The Daily Star. Retrieved 2016-04-02.
  8. ^ http://www.partexgroup.com/enterprises.html
  9. ^ "The Financial Express". The Financial Express Online Version. Retrieved 2016-04-02.
  10. ^ http://partexstargroup.com
  11. ^ "Partex Group chairman fails to turn up at ACC". Prothom Alo. Retrieved 2016-04-02.

External links