Adamjee Group
{{Short description|Conglomerate company in Karachi, Pakistan}}
{{infobox company
| name = Adamjee Group
| logo = Adamjee Group logo (2024).png
| caption =
| type = Corporate group
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| foundation = 1896
| founder = Haji Dawood
| defunct =
| location_city = Karachi
| location_country = Pakistan
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| key_people = Adamjee Haji Dawood
Abdul Wahid Adamjee
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| homepage = {{url|adamjees.com}}
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}}
Adamjee Group ({{IPA|ur|ˈaː.dəm.dʒiː}} {{respell|AH-dum-jee}}) 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.{{cite web|url=https://www.dawn.com/news/279413|title=People who own greatest amount of wealth|first=Dilawar|last=Hussain|date=9 December 2007|publisher=}}
History
Adamjee Group was founded by Haji Dawood in 1896.{{Cite web|url=https://richpaki.tripod.com/barons1.htm#ADAMJEE|title = Rober Barons}} The family holding company was formally registered as Adamjee Sons, Ltd. in Pakistan.{{Cite magazine|url=https://time.com/archive/6627108/pakistan-the-jute-king/|title=Pakistan: The Jute King|date=December 4, 1964|magazine=TIME}} In 1964, Time described Gul Mohamed Adamjee as the jute king of Pakistan. Initially originating as a jute and banking conglomerate, Adamjee later spreaded to other industries such as tea, textiles, matches, sugar, paper board, chemicals, engineering and insurance.{{cite web|url=https://www.dawn.com/news/361663|title=Great fortunes do not see third generation|date=14 June 2004|publisher=}}
Subsidiaries
Enterprises under the umbrella of the group are:
- Ad Power{{Cite web|url=https://www.adamjees.com/Ad_Power.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Panther Trading{{Cite web|url=https://www.adamjees.com/Panther_Trading.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Commodities Trading{{Cite web|url=https://www.adamjees.com/Commodities_Trading.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Matual Trading Co.{{Cite web|url=https://www.adamjees.com/MatualTrading.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Adamjee Pharmaceuticals{{Cite web|url=https://www.adamjees.com/Adam-Pharmaceuticals.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Coastal Enterprises{{Cite web|url=https://www.adamjees.com/coastal-enterprises.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Adamjee Diesel Engineering{{Cite web|url=https://www.adamjees.com/adam-diesel-eng.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Pacific Multi Products{{Cite web|url=https://www.adamjees.com/pacific-multi.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Adamjee Engineering{{Cite web|url=https://www.adamjee-engg.com|title=Adamjee Engineering|website=www.adamjee-engg.com|access-date=2018-06-03}}
- Chempro Pakistan{{Cite web|url=https://www.adamjees.com/chempro-pakistan.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Enesel Industries{{Cite web|url=https://www.adamjees.com/enesel-industries.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Sahara Buying Services{{Cite web|url=https://www.adamjees.com/Sahara-Buying.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Adamjee Automotive{{Cite web|url=https://www.adamjees.com/adam-automotive.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Adamjee Polymers Company{{Cite web|url=https://www.adamjees.com/adam-polymers.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Adamjee Durabuilt{{Cite web|url=https://www.adamjees.com/AdamjeeDurabuilt.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
- Adamjee Corporation{{Cite web|url=https://www.adamjees.com/AdamjeeCorporation.html|title=Adamjee Group of Companies|website=www.adamjees.com|access-date=2018-06-03}}
= Former subsidiaries=
==East Pakistan==
Former enterprises which were based in East Pakistan are:{{Cite web|title=Local News on Bangladesh|url=http://www.sdnbd.org/sdi/news/general-news/July/08-07-2002/Feature.htm|archive-url=https://web.archive.org/web/20030507093238/http://www.sdnbd.org/sdi/news/general-news/July/08-07-2002/Feature.htm|url-status=usurped|archive-date=May 7, 2003|access-date=2020-05-24|website=www.sdnbd.org}}{{Cite web|title=Adamjee Group of Companies|url=https://www.adamjees.com/Ad_Power.html|access-date=2018-06-03|website=www.adamjees.com}}
- Jute
- Adamjee Jute Mills
- Jute Fibers Ltd.
- R. Sim & Co. (operated jute presses)
- Sugar
- National Sugar Mills
- Textile
- Orient Textile Mills
- Meghna Textile Mills
- Khulna Textile Mills{{Cite web|title=Local News on Bangladesh|url=http://www.sdnbd.org/sdi/news/general-news/July/08-07-2002/Feature.htm|archive-url=https://web.archive.org/web/20030507093238/http://www.sdnbd.org/sdi/news/general-news/July/08-07-2002/Feature.htm|url-status=usurped|archive-date=May 7, 2003|access-date=2020-07-15|website=www.sdnbd.org}}
- Tea
- National Tea Company Limited (now owned by the Bangladeshi government)
- Aroma Tea
- Patrakola Tea Company
- Adamjee Tea Gardens{{Cite news|date=1972-07-05|title=Abdul W. Adamjee, Pakistani Magnate, Millionaire, Is Dead|language=en-US|work=The New York Times|url=https://www.nytimes.com/1972/07/05/archives/abdul-w-adamjee-pakistani-magnate-millionaire-is-dead.html|access-date=2020-05-24|issn=0362-4331}}
- 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){{Cite web|title=Dhaka Tobacco Industries - Tongi Tobacco Processing Plant|url=https://www.industryabout.com/country-territories-3/2412-bangladesh/tobacco-industry/37016-dhaka-tobacco-industries-tongi-tobacco-processing-plant|access-date=2020-05-23|website=www.industryabout.com}}{{dead link|date=May 2025|bot=medic}}{{cbignore|bot=medic}}
- 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){{Cite web|title=HOME {{!}} Partex Star Group Corporate|url=https://partexstargroup.com/companies/partex-star-particle-board-mills-limited/home/|access-date=2020-05-23|language=en-US}}
- 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.){{Cite web|title=Adamjee Group of Companies|url=https://adamjees.com/Adamjee-Sons.html|access-date=2020-06-28|website=adamjees.com}}
==West Pakistan==
- Adamjee Insurance, sold to Nishat Group in 2004{{Cite web|title=Mansha group takes over AIC|url=http://beta.dawn.com/news/394517/mansha-group-takes-over-aic|date=2004-05-30|website=DAWN.COM|language=en|access-date=2020-05-23}}
- 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{{cite web | url=https://www.dawn.com/news/887488/when-fortune-stops-smiling-on-someone | title=When fortune stops smiling on someone! | date=31 January 2010 }}{{cite web | url=https://www.dawn.com/news/1402847 | title=Underreporting mill deal AC held for causing loss to national exchequer | date=21 April 2018 }}
- Adamjee Paper and Board Mills in Nowshera{{cite web | url=https://www.dawn.com/news/1690529 | title=Six years on, Nowshera university functioning in mills' building | date=20 May 2022 }}
- DDT Factory in Nowshera, factory closed in 1994
See also
References
{{Reflist}}
External links
- [https://www.adamjees.com/ Adamjee Group]
{{DEFAULTSORT:Adamjee Group}}
Category:Conglomerate companies of Pakistan
Category:Conglomerate companies established in 1947