Partex Group is a family-run conglomerate in Bangladesh, consisting of over 70 factories.[3] The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, and plastics.[4]
History
The company was begun in 1962 by industrialist M. A. Hashem, with commodity trading.[5] Now it owns over 70 subsidiaries from tobacco to consumer goods, furniture, textiles and the IT sector. It is now split into two groups to improve management of its subsidiaries - Partex Group and Partex Star Group.[4]
Hashem founded two private banks in Bangladesh – The City Bank and United Commercial Bank Limited (UCB).