Beximco Group
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| Public Limited Company | |
| Industry | Conglomerate |
| Founded | 1972 |
| Founder | Rahman brothers |
| Headquarters | Dhaka, Bangladesh |
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Key people
|
Salman F Rahman (Vice-Chairman) |
| Products |
|
| Owner | Bangladesh Export Import Company Limited |
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Number of employees
|
55,000 |
| Website | beximco |
The Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO (: BEXIMCO : BEXIMCO), is a Multinational Conglomerate holding company headquartered in Dhaka, Bangladesh. It was founded in 1953. Beximco is Bangladesh's largest conglomerate, with the largest market capitalisation on the country's stock market. BEXIMCO's subsidiaries export products to 103 countries worldwide. It has retail outlets in South Asia and Eastern Europe.
Beximco operates one of the largest integrated textile production businesses in Asia. It is also a major global exporter of Jute yarn. Its chief manufacturing base is the Beximco Industrial Park in Gazipur, Bangladesh. Beximco Pharma, the group's pharmaceutical producer, was the first Bangladeshi firm to list on the .
The company was founded by brothers A. S. F. Rahman and Salman F Rahman in 1972, soon after the founding of the Bangladeshi Republic. Their family was earlier engaged in the jute industry of East Pakistan, which once the world's largest jute producer and exporter. The family business was affected by a nationalisation program in Bangladesh during the early 1970s. However, with free market reforms in the late 1970s and 1980s, the family regained many of their businesses.
Since the 1970s, Beximco has been a pioneer in Bangladeshi industry, including the modern textile sector, pharmaceuticals, ceramics and information and communication technology.
In 2005, Beximco Pharma became the first Bangladeshi company to list on the Alternative Investment Market of the . It also opened its first overseas retail outlet with the launch of the Yellow clothing brand in Karachi, Pakistan. Yellow has since expanded to several Bangladeshi and Pakistani cities. In 2009, Shinepukur Ceramics opened a showroom in Moscow, Russia. In 2010, the company acquired stakes in several major Bangladeshi businesses, including IFIC Bank, GMG Airlines, The Independent newspaper and Unique Hotels and Resorts.
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