The Saigol Group is a group of companies headquartered in Lahore, Pakistan. It was founded by Ameen Saigol in the 1930s with a small shop that eventually developed into the Kohinoor Rubber Works.[1][2] Ameen Saigol had four sons: Yousaf, Sayeed, Gull and Bashir.
History
The Saigol family were originally farmers from a small town called Khotian, Chakwal District, Punjab, Pakistan. Khotian town was later named Saigolabad after this family. Sayeed Saigol moved to Calcutta in the 1930s and opened a shoe store. He opened a rubber shoe factory, and was a supplier of rubber shoes and raincoats to the Allied Forces during World War II.[1]
Saigol, anticipating the division and independence of British India, moved his assets to Lahore in the early 1940s. After the independence of Pakistan in 1947, with the help of his three brothers Yousaf, Gull and Bashir, he set up their first textile spinning mill in Lyallpur (now called Faisalabad) in 1949 under the name of Kohinoor Industries.[3] In 1953 a second textile plant was constructed near Rawalpindi and incorporated as Kohinoor Textile Mills. Later the family expanded its textile business more to Rawalpindi and Gujjar Khan, and bought a sugar mill in Jauharabad from the Pakistan Industrial Development Corporation. In 1958–59, the Saigols founded the
List of companies
The group currently owns following companies:[7]
Listed
- Maple Leaf Cement[8]
- Pak Elektron Limited (PEL)[9]
- Kohinoor Energy Limited[10]
- Kohinoor Industries Limited[11]
Former subsidiaries
- Kohinoor Sugar Mills, also known as Jauharabad Sugar Mills District Khushab
- Kohinoor Cotton Mills Liaqatabad/Piplan District Mianwali
Nationalised
- United Chemicals Limited, Kala Shah Kaku[16]
- Kohinoor Engineering Limited, Kala Shah Kaku[16]
- Insecticides (Pakistan) Limited, Kala Shah Kaku[16]
Family members
- Yousaf Saigol (1911-1992) Son of Ameen Saigol
- Sayyed Saigol (1913-1985) Son of Ameen Saigol
- Bashir Saigol (1918-1988) Son of Ameen Saigol
- Rafique Saigol (1933–2003), a member of the National Assembly,[22][23] Son of Yousaf Saigol
- Shafique Saigol (1936–2010) Son of Yousaf Saigol
- Iqbal Saigol (b. 1940) Son of Bashir Saigol
- Khalid Saigol (b. 1940) Son of Sayyed Saigol
- Naseem Saigol (b. 1943) Son of Yousaf Saigol
- Tariq Saigol (b. 1948)[24] Son of Sayyed Saigol
External links
References
- Nasir Jamal. Rebuilding on ruins of nationalization (includes history of Saigol Group) Dawn (newspaper), 11 November 2013, retrieved 1 February 2019^
- The richy rich ones of poorly poor nation^
- INDIAN DEAL CLOSED ON FABRIC MACHINES; $1,500,000 Contract Is Signed With H. & B. Co., With Delivery for First Quarter in 1949 FOR SHIPMENT TO PAKISTAN Equipment Is Bought by Saigol Brothers for Textile Factory to Be Built in Lahore