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Bangladeshi Conglomerates From Wikipedia, the free encyclopedia
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]
| |
| 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 |
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).
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