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The '''Lakson Group''' ({{lang-ur|لیکسن گروپ}}) is a [[group of companies]] headquartered in [[Karachi]], [[Sindh]].<ref name=bloomberg/><ref>{{cite web|url=https://tribune.com.pk/story/1081402/greater-than-rs1-billion-the-best-performing-mutual-funds/|title=Greater than Rs1 billion: The best performing mutual funds |date=9 April 2016|publisher=The Express Tribune (newspaper)|accessdate=31 January 2019}}</ref> It was founded in 1954 and is owned by the Lakhani family. The conglomerate is based in [[Karachi]] and currently chaired by Iqbal Ali Lakhani.<ref>{{cite web|title = Company Structure: Lakson Group|url = http://lakson.com.pk/?page_id=108|website = lakson.com.pk|accessdate =31 January 2019}}</ref><ref name=bloomberg/>
The '''Lakson Group''' ({{lang-ur|لیکسن گروپ}}) is a [[group of companies]] headquartered in [[Karachi]], [[Sindh]].<ref name=bloomberg/><ref>{{cite web|url=https://tribune.com.pk/story/1081402/greater-than-rs1-billion-the-best-performing-mutual-funds/|title=Greater than Rs1 billion: The best performing mutual funds |date=9 April 2016|publisher=The Express Tribune|accessdate=31 January 2019}}</ref><ref>{{cite web|title = Company Structure: Lakson Group|url = http://lakson.com.pk/?page_id=108|website = lakson.com.pk|accessdate =31 January 2019}}</ref>


== History ==
The company is diversified and has interests in agri-business, [[call centers]], consumer non-durables, fast food, financial services, media, paper and board, printing and packaging, surgical instruments, technology (data-networking, BPO, and software) and travel.<ref name=bloomberg/>
It was founded in 1954 and is owned by the Lakhani family.<ref name=bloomberg/>


== Subsidaries ==
== Lakson Group of Companies ==
===Technology===
===Technology===
*[[Cybernet]], internet, and data communication network service provider
*[[Cybernet]], internet, and data communication network service provider

Revision as of 20:21, 15 June 2024

Lakson Group
Company typeCorporate group
Founded1954; 70 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 (Template:Lang-ur) is a group of companies headquartered in Karachi, Sindh.[1][2][3]

History

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

Subsidaries

Technology

  • Cybernet, internet, and data communication network service provider
    • StormFiber, Internet, and television service provider
  • Sybrid Private Limited, business process outsourcing
  • Lakson Business Solutions Limited, IT provider
  • Ice Animations, VFX, and animation

Media

Financial Services

  • NayaPay, digital wallet and payment system.[4][5]
  • Century Insurance Company Limited, general insurance business
  • Lakson Investments Limited, Pakistan's largest independent asset manager

Paper & Board

  • Century Paper and Board Mills Limited, producer of packaging boards in Pakistan
  • Merit Packaging Limited, printing and packaging company

Joint-ventures

Lakson Group has alliances with the following major international companies:

  • Colgate-Palmolive Pakistan, manufacture and sale of detergents, personal care, and other related products in Pakistan[1]
  • McDonald's Pakistan, 53 restaurants in major cities of Pakistan[1]
  • Ajinomoto Lakson Pakistan, produces seasonings, cooking oils, TV dinners, sweeteners, amino acids, and pharmaceuticals
  • 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.[6]

Former joint-ventures

See also

References

  1. ^ a b c d Company Overview of The Lakson Group on bloomberg.com website Retrieved 31 January 2019
  2. ^ "Greater than Rs1 billion: The best performing mutual funds". The Express Tribune. 9 April 2016. Retrieved 31 January 2019.
  3. ^ "Company Structure: Lakson Group". lakson.com.pk. Retrieved 31 January 2019.
  4. ^ "State Bank of Pakistan grants EMI License to NayaPay". www.nayapay.com. Retrieved 12 September 2021.
  5. ^ "State Bank of Pakistan grants EMI License to NayaPay". www.dawn.com. Retrieved 12 September 2021.
  6. ^ "'Fly Jinnah': Pakistan's Lakson Group, Air Arabia to start new low-cost airline". DAWN.COM. 3 September 2021. Retrieved 13 September 2021.
  7. ^ https://www.dawn.com/news/131674/tetley-tea-to-hit-market-in-first-quarter-of-04
  8. ^ https://www.dawn.com/news/101754/tata-to-start-operations-in-pakistan-from-oct-joint-venture-in-tea-making
  9. ^ https://web.archive.org/web/20070526112108/http://www.tetleyclover.com/flash.html