Lakson Group

The Lakson Group (Urdu: لیکسن گروپ) is a group of companies headquartered in Karachi, Sindh.^[1][2][3]

Lakson Group

Company type	Corporate group
Founded	1954; 70 years ago (1954)
Founder	Sultan Ali Lakhani Iqbal Ali Lakhani
Headquarters	Karachi, Sindh, Pakistan
Area served	Pakistan
Key people	Iqbal Ali Lakhani (chairman)
Website	lakson.com.pk

History

It was founded in 1954 and is owned by the Lakhani family.^[1]

Subsidiaries

Listed

• Century Insurance Company Limited, general insurance business^[4]
• Century Paper and Board Mills Limited, producer of packaging boards^[5]
• Colgate-Palmolive Pakistan, manufacture and sale of detergents, personal care, and other related products in Pakistan^[1]
• Merit Packaging Limited, active in printing and packaging^[6][7]

Unlisted

• Century Publications, incorporated in 1998, publishes Urdu and Sindhi daily newspapers Express and Daily Sindh Express
  • Express News, Urdu-language TV news channel
  • Express 24/7, English- 24-hours TV news channel (now closed down)
  • Express Entertainment, Urdu-language Entertainment channel
  • The Daily Express, Urdu daily in Pakistan
  • The Express Tribune, English-language newspaper
• Cybernet, internet, and data communication network service provider^[8]
  • StormFiber, Internet, and television service provider^[9][10]
• Sybrid, business process outsourcing^[11]
  • Ice Animations, VFX, and animation^[12][13]
• NayaPay, digital wallet and payment system.^[14][15]
• Lakson Investments Limited, independent asset manager
• McDonald's Pakistan^[1]
• Ajinomoto Lakson Pakistan, produces seasonings, cooking oils, TV dinners, sweeteners, amino acids, and pharmaceuticals
• Princeton Travels (Private) Limited, an IATA accredited travel agency and an active member of International travel forums like ASTA, PATA, UFTAA & TAAP
• Fly Jinnah, a joint venture between Lakson Group and Air Arabia. It adopts the low cost model similar to that of Air Arabia.^[16]

Former subsidiaries

• Clover Pakistan, formerly distributed Tang, Toblerone, Philadelphia Cream Cheese, and Titan watches in Pakistan^[17][18]
• Tetley Clover^[19][20][21]
• Lakson Tobacco

See also

• List of companies of Pakistan

References

1. Company Overview of The Lakson Group on bloomberg.com website Retrieved 31 January 2019
2. "Greater than Rs1 billion: The best performing mutual funds". The Express Tribune. 9 April 2016. Retrieved 31 January 2019.
3. "Company Structure: Lakson Group". lakson.com.pk. Retrieved 31 January 2019.
4. "Century Insurance Company - promises peace of mind". Brecorder. 18 May 2006.
5. Research, B. R. (15 May 2024). "Century Paper & Board Mills Limited". Brecorder.
6. Shahid, Ariba (2 May 2021). "An activist investor takes Merit Packaging out for a spin". Profit by Pakistan Today.
7. Javed, Haris (14 January 2024). "Merit Packaging is selling off its land and building. Why?". Profit by Pakistan Today.
8. "Pakistan's internet capacity to be increased by 96 Tb/s with new submarine cable system". DAWN.COM. 17 April 2019.
9. "StormFiber expands to Multan even as taxes bite". The Express Tribune. 11 July 2018.
10. "Quetta added to high-speed internet network". The Express Tribune. 23 October 2018.
11. Yousafzai, Wisal (22 March 2021). "Facilitation hub to give fillip to tourism". The Express Tribune.
12. Jawaid, Mohammad Kamran (3 November 2019). "SPOTLIGHT: REANIMATING ANIMATION IN PAKISTAN". DAWN.COM.
13. "PAKISTAN'S Gaming and Animation Industry | Focus - MAG THE WEEKLY". magtheweekly.com.
14. "State Bank of Pakistan grants EMI License to NayaPay". www.nayapay.com. Retrieved 12 September 2021.
15. "State Bank of Pakistan grants EMI License to NayaPay". DAWN. 2 September 2021. Retrieved 12 September 2021.
16. "'Fly Jinnah': Pakistan's Lakson Group, Air Arabia to start new low-cost airline". DAWN.COM. 3 September 2021. Retrieved 13 September 2021.
17. Report, Profit (14 November 2020). "After a lucky streak, Clover stumbles in 2020". Profit by Pakistan Today.
18. Research, B. R. (21 June 2023). "Clover Pakistan Limited". Brecorder.
19. Khan, Aamir Shafaat (31 December 2003). "Tetley tea to hit market in first quarter of '04". DAWN.COM.
20. Khan, Aamir Shafaat (14 May 2003). "Tata to start operations in Pakistan from Oct: Joint venture in tea making". DAWN.COM.
21. "Welcome to Tetley". 26 May 2007. Archived from the original on 26 May 2007.

External links

• Official website