Wikipedia / Adamjee Group
Wikipedia / Adamjee Group
Adamjee Group ( ) is a group of companies headquartered in Karachi, Pakistan. The group was previously headed by Sir Adamjee Haji Dawood.
As of 2007, it is unofficially estimated that the owners of Adamjee Group are among the top 40 wealthiest families in Pakistan.
History
Adamjee Group was founded by Haji Dawood in 1896. The family holding company was formally registered as Adamjee Sons, Ltd. in Pakistan. In 1964, Time described Gul Mohamed Adamjee as the jute king of Pakistan. Initially originating as a jute and banking conglomerate, Adamjee later spread to other industries such as tea, textiles, matches, sugar, paper board, chemicals, engineering and insurance.
Subsidiaries
Enterprises under the umbrella of the group are:
Ad Power
Panther Trading
Commodities Trading
Matual Trading Co.
Adamjee Pharmaceuticals
Coastal Enterprises
Adamjee Diesel Engineering
Pacific Multi Products
Adamjee Engineering
Chempro Pakistan
Enesel Industries
Sahara Buying Services
Adamjee Automotive
Adamjee Polymers Company
Adamjee Durabuilt
Adamjee Corporation
Former subsidiaries
East Pakistan
Former enterprises which were based in East Pakistan are:
Jute
Jute Fibers Ltd.
R. Sim & Co. (operated jute presses)
Sugar
National Sugar Mills
Textile
Orient Textile Mills
Meghna Textile Mills
Khulna Textile Mills
Tea
National Tea Company Limited (now owned by the Bangladeshi government)
Aroma Tea
Patrakola Tea Company
Adamjee Tea Gardens
Cement
Assam Bengal Cement Company
Insurance
Adamjee Insurance
Other
Dhaka Vegetable Oil Mills
National Tubes (produced galvanized iron pipes and fittings)
Dacca Tobacco Industries (now owned by Akij Group)
Gammon East Pakistan Ltd. (a civil engineering and construction firm)
Premier Laminations (a company that produced polyethylene bags)
Star Particle Board Mills (now owned by Partex Group)
Adamjee Sons Ltd. (A holding company which owned the shares of the group's subsidiaries along with properties, tea gardens, and stock in other corporations on behalf of the Adamjee family. It was nationalized by the Government of Bangladesh in 1971 and continues to be run as a state-owned enterprise today.)
West Pakistan
Adamjee Insurance, sold to Nishat Group in 2004
Muslim Commercial Bank (nationalized in 1972 under Zulfikar Ali Bhutto and were compensated by the government)
Orient Airways (became PIA in 1955)
Adamjee Industries
Adamjee Sugar Mills in Mianwali, sold to Fecto Group in 1975
Adamjee Paper and Board Mills in Nowshera
DDT Factory in Nowshera, factory closed in 1994
See also
References
External links