Partex Group

Partex Group
Private
Industry Conglomerate
Founded 1959[1]
Founder M.A Hashem [2]
Headquarters Dhaka, Bangladesh
Key people
 M.A Hashem (Chairman)[3]
Products Food & Beverages, Steel, Real Estate, Furniture, Plastics, Paper, Power & Energy, Jute, Agribusiness, Shipyards, Shipping, Textile, Construction, IT, etc.
Total assets US$7.2 billion (556.3 billion ৳) (2016)
Number of employees
 Over 50000[4]
Website www.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

See also

References

External links

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