Lakson Group

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Lakson Group
Company typeCorporate group
Founded1954; 72 years ago (1954)
FounderSultan Ali Lakhani
Iqbal Ali Lakhani
HeadquartersKarachi, Sindh, Pakistan
Area served
Pakistan
Key people
Iqbal Ali Lakhani (chairman)
Websitelakson.com.pk

The Lakson Group (Urdu pronunciation: [ˈlæk.sən] LAK-sən) is a group of companies headquartered in Karachi, Sindh.[1][2][3]

History

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It was founded in 1954 and is owned by the Lakhani family.[1]

Subsidiaries

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Listed

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  • Century Insurance Company Limited, general insurance business[4]
  • Century Paper and Board Mills Limited, producer of packaging boards[5]
  • Colgate-Palmolive Pakistan, manufacture and sale of detergents, personal care, and other related products in Pakistan[1]
  • Merit Packaging Limited, active in printing and packaging[6][7]

Unlisted

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  • Century Publications, incorporated in 1998, publishes Urdu and Sindhi daily newspapers Express and Daily Sindh Express
  • Cybernet, internet, and data communication network service provider[8]
    • StormFiber, Internet, and television service provider[9][10]
  • Sybrid, business process outsourcing[11]
    • Ice Animations, VFX, and animation[12][13]
  • NayaPay, digital wallet and payment system.[14][15]
  • Lakson Investments Limited, independent asset manager
  • McDonald's Pakistan[1]
  • Ajinomoto Lakson Pakistan, produces seasonings, cooking oils, TV dinners, sweeteners, amino acids, and pharmaceuticals[16]
  • Princeton Travels (Private) Limited, an IATA accredited travel agency and an active member of International travel forums like ASTA, PATA, UFTAA & TAAP
  • Fly Jinnah, a joint venture between Lakson Group and Air Arabia. It adopts the low cost model similar to that of Air Arabia.[17]

Former subsidiaries

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See also

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References

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  1. ^ a b c d Company Overview of The Lakson Group on bloomberg.com website Retrieved 31 January 2019
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