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Akij Group
Bangladeshi multinational conglomerate From Wikipedia, the free encyclopedia
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Akij Group is a Bangladeshi industrial conglomerate founded by Sheikh Akijuddin in 1940.[1] The industries under this conglomerate include textiles, tobacco, food and beverage, cement, ceramics, printing and packaging, pharmaceuticals, consumer products etc.
They are primarily known for their drink products known as Mojo, Speed and Frutika.
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History
Akij Group was established in the 1950s by industrialist Sheikh Akijuddin as a cigarettes manufacturing business, before moving into other areas of business Like Rice, Jute, Paddy etc.[2][3]
In 2009,[4][5] Akij Group paid 390 million euros in tax, making it the biggest local tax-payer, contributing two percentage to the nation's entire budget. Akij also provides services in healthcare, information and communication technology. Its turnover in 2009 was 89 billion taka.[2] In 2018, Akij sold their tobacco division to JTI for $1.47 billion.[6] It was the biggest ever single foreign direct investment in Bangladesh.[7]
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Sister projects
In August 2018, Japan Tobacco acquired Akij's tobacco business for US$1.5 billion.[8][9]
Subsidiaries
Core & Flagship Industries
- Akij Tobacco Company Limited
- Akij Biri Factory Ltd.[10]
- Akij Jute Mills Ltd.
- Akij Cement Company Ltd.[11]
- Akij Ceramics Company Ltd.
- Akij Particle Board Mills Ltd.[12]
- Akij Textile Mills Ltd.[13]
- Akij Food & Beverage Ltd.[14][15]
- Akij Plastics Limited
- Akij Polymer Industries Limited
- Akij Steel Mills Limited
FMCG, Consumer & Lifestyle
- Akij FMCG Limited
- Akij Bakers Limited
- Akij Bakery Limited
- Akij Footwear Ltd.
- Akij Shoes Limited
- Golden Akij Shoes Limited
- Akij Leather Goods Limited
- Akij Electronics Limited
- Akij Electronics and Electricals
- Akij Tableware
- Akij Bathware Limited
- Akij Health And Hygenie
Education & Healthcare
- Akij Foundation School and College[16] - flagship educational initiative of Akij Foundation, with campuses in Uttara, Manikganj, and Mohammadpur
- Ad-din Foundation
- Ad-din Pharmaceuticals Limited
- Ad-din Mothercare Limited
- Ad-Din Womens Medical College Hospital
- Akij Institute of Technology
- Akij Engineering Institute
- Akij College of Home Economics
- Akij Healthcare Limited
Finance, Real Estate & Services
- Akij Capital Management
- Akij Securities Ltd.
- Akij Real Estate Ltd.
- Akij City Center Ltd
- Akij Takaful Life Insurance
- Akij Consulting Limited
Automotive, Transport & Energy
- Akij Motors
- Akij Automotive Industry
- Akij Gas Company Ltd.
- Akij Gas Station Ltd.
- Akij Fuel Agency
- Akij Transport Agency Limited
- Akij Shipping Line Limited
- Akij Air
- Akij Aviation Ltd.
Agro & Natural Resources
- Akij Agro Processing Limited
- Akij Rice Mill Industry
- Akij Flour Mill Industry
- Akij Wildlife Farm Limited
- Bahadurpur Tea Estates
- Afil Agro Limited
- Afil Paper Mills Limited
- Afil Bricks Limited
Packaging & Materials
- Akij Printing & Packaging Ltd
- Akij Cartons Limited
- Akij BIAX Films Limited
- Akij Board
- Akij Pipes & Fittings Limited
- Akij Buildtech Limited
Hospitality & Leisure
- Akij Hotel and Resorts
- Akij Island Limited
- Akij Expedition Limited
- Akij Ecopark Ltd
IT & Digital
- Akij Computer Ltd.
- Akij Online Ltd.
- iBOS Limited
- Blue Pill Limited
Historic / Less Active
- Akij Zarda Factory Ltd.
- Akij Match Factory Ltd.
- S.A.F Industries Ltd.
- Akij Bicycle
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References
External links
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