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Lakson Group

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Lakson Group
Company typePrivate
IndustryConglomerate
Founded1954; 70 years ago (1954)
FounderSultan Ali Lakhani
Iqbal Ali Lakhani
HeadquartersKarachi, Sindh, Pakistan
Area served
Pakistan
Key people
Iqbal Ali Lakhani (chairman)
Websitewww.lakson.com.pk

The Lakson Group (لیکسن گروپ) is a Pakistani conglomerate company which is based in Karachi, Sindh, Pakistan.[1][2] It was founded in 1954 and is owned by Lakhani family. The conglomerate is based in Karachi, currently chaired by Iqbal Ali Lakhani and was founded in 1954.[3][1]

The company is very diversified and has its 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.[1]

Lakson Group of Companies

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

Lakson Group 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 (Private) Limited, 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]

See also

References

  1. ^ a b c d e 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 (newspaper). 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.