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Partex Group

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Partex Group
Company typePrivate
IndustryConglomerate
Founded1962; 63 years ago (1962)[1]
FounderMA Hashem [2]
Headquarters,
Bangladesh
Key people
Aziz Al Kaiser (Chairman Partex Star Group), Aziz Al- Mahmood (Managing Director Partex Star Group), Rubel Aziz (Managing Director Partex Group) [3]
ProductsFood & 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.
RevenueUS$800 million (2010) [4]
Number of employees
Over 70,000[1]
Websitewww.partexstar.com, www.partexgroup.com, www.partex.net

Partex Group is one of the biggest family-run conglomerate in Bangladesh, consisting of over 70 factories.[5] The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, and plastics, etc.[6]

History

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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 is now split into two groups to improve management of its subsidiaries - Partex Group and Partex Star Group.[6]

M. A. Hashem is also one of the pioneers of the birth and growth of private banks and insurance companies in Bangladesh. He founded two leading private banks in Bangladesh – The City Bank and United Commercial Bank Limited (UCB).

Partex's companies are market leaders 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.The towering heights reached by the group has been possible due to M. A. Hashem's missionary zeal and unflinching commitment to quality and ethics.

List of companies

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  • Partex Cables Limited
  • Star Particle Board Mills Limited[7]
  • Partex Furniture[8]
  • Partex Builders Limited
  • Star Gypsum Board Mills Limited
  • Partex Laminates Limited
  • Partex PVC Industries Limited
  • Partex Agro Limited
  • Rubel Steel Mills Limited
  • Corvee Maritime Co. Limited
  • Partex Cafe Limited (Cafe de Partex)
  • Ferrotechnic Limited
  • Partex Limited
  • Partex Housing Limited
  • Danish Condensed Milk (BD) Ltd[9]
  • Danish Foods Limited
  • Danish Distribution Network Limited
  • Danish Milk Bangladesh Limited
  • Danish Dairy Farm Limited
  • Partex Pulp & Paper Mills Limited
  • Partex Paper Mills Limited
  • Partex Board Mills Limited
  • Partex Sugar Mills Limited[10]
  • Amber Cotton Mills Limited (UNIT-1)
  • Amber Cotton Mills Limited (UNIT-2)
  • Amber Board Mills Limited
  • Amber Denim Limited
  • Amber Super Paper Limited
  • Amber Super Yarn Limited
  • Bhawal Resort and Spa
  • BD Hub
  • Amber IT Limited
  • Partex Rotor Spinning Mills Limited
  • Partex Denim Limited
  • Partex Denim Mills Limited
  • Partex Energy Limited
  • Partex Holdings
  • Dhakacom Limited
  • Star Vegetable Oil Mills Ltd.
  • Partex Dairy Limited
  • Partex Properties Limited
  • Partex Beverage Limited
  • Partex Plastics Limited
  • Partex Foundry Limited
  • Partex Jute Limited
  • Partex Shipyards Limited
  • Partex Oil Tankers
  • Partex Aeromarine Logistics 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 Ltd.
  • MUM Water Ltd.
  • Daily Cola Ltd.
  • New Light Star Apparels Ltd.
  • Partex Healthcare Ltd.
  • Partex Fashions Limited. (Red Origin)
  • Reluce
  • Partex Sporting Club
  • Partex Power Generation Company Ltd.
  • Star Adhesives Ltd.
  • Shubornobhumi Housing Ltd.
  • Voicetell Ltd.
  • Geometric Business Development Ltd.
  • Partex Tissue Ltd.
  • Giovana Denim Mills Ltd.
  • Fabiana Flour Mills Ltd.
  • Fairhope Housing Ltd.
  • Triple Apparels Ltd.
  • Partex Petro Ltd.[11]

See also

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References

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  1. ^ a b "About Us". Archived from the original on 2016-11-22. Retrieved 2014-05-07.
  2. ^ a b "How tycoons from Nepal, Bangladesh, Pakistan and Sri Lanka built thriving business empires". The Times of India. Retrieved 2016-04-02.
  3. ^ Page of Rubel Aziz =www.dropbox.com/scl/fi/egrwd8cktip9kdeu9cqnn/Brief-Profile-of-Rubel-Aziz.doc?rlkey=sih1nkmfmxxmjjhygjjypfntb&e=1&e=1&st=acipio9u&st=acipio9u&dl=0+https%3A%2F%2Fwww.dropbox.com%2Fscl%2Ffi%2Fegrwd8cktip9kdeu9cqnn%2FBrief-Profile-of-Rubel-Aziz.doc%3Frlkey%3Dsih1nkmfmxxmjjhygjjypfntb&dl=0
  4. ^ "Partex Group Overview". LinkedIn.
  5. ^ "PARTEX - About Us".
  6. ^ a b Rahman, Sajjadur (6 July 2010). "Partex Group splits". The Daily Star.
  7. ^ "Enterprises". Archived from the original on 2015-07-21. Retrieved 2014-05-07.
  8. ^ "Partex Furniture opens new showroom". The Financial Express. Dhaka. Retrieved 2016-04-02.
  9. ^ "Partext Star Group Corporate". Partext Star Group.
  10. ^ "Partex Group chairman fails to turn up at ACC". Prothom Alo. Archived from the original on 2016-09-18. Retrieved 2016-04-02.
  11. ^ "Welcome". Partext Petro.
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