Taking Bangladesh to the World...
Today the
BEXIMCO Group (“BEXIMCO” or the “Group”)
is the largest private sector group in Bangladesh. BEXIMCO was founded
in the 1970’s by two brothers – Ahmed Sohail Fasiur Rahman and Ahmed
Salman Fazlur Rahman. Since the early days, the Group has evolved from
being primarily a commodities trading company to a leading, diversified
group with a presence in industry sectors that account for nearly 75% of
Bangladesh’s GDP. BEXIMCO’s corporate mission is “Taking Bangladesh to
the world”.
As
BEXIMCO has grown over the years,
the flagship platform now has operations and investments across a wide
range of industries including textiles, trading, marine food, real
estate development, hospitality, construction, information and
communication technologies, media, ceramics, aviation, pharmaceuticals,
financial services and energy. The Group sells its products and services
in the domestic Bangladesh market as well as international markets.
BEXIMCO is the largest employer in the private sector in Bangladesh and
employs over 48,000 people worldwide.
The
BEXIMCO
name has now become one of the most recognizable brand names in
Bangladesh. It is synonymous with innovation, trust and quality. The
Group consists of four publicly traded and seventeen privately held
companies. The publicly traded companies –
Bangladesh Export Import Company Limited, Beximco Pharmaceuticals Limited, Shinepukur Ceramics Limited and
Beximco Synthetics Limited –
have a combined market capitalization of approximately $0.00 million.
The Group had total revenues of $834 million in the year ended December
31, 2010.
BEXIMCO encompasses one of South
Asia’s largest vertically integrated textile and garment companies. The
Textile division is a fully integrated manufacturer of cotton and
polyester blended garments for men, women and children, both for
domestic and export markets.
BEXIMCO is also the largest exporter
of pharmaceuticals in Bangladesh with a presence in 45 countries. The
Pharmaceuticals division manufactures and sells generic pharmaceutical
formulation products, active pharmaceutical ingredients (API) and
intravenous (IV) fluids. The Group is also the largest ceramics exporter
and has an investment in GMG Airlines, the largest private commercial
airline in Bangladesh and in Unique Hotels & Resorts, which owns the
Westin Hotel in Bangladesh.
State-of-the-art
manufacturing plants located in the vicinity of Dhaka provide the Group
with a highly cost effective manufacturing base. A majority of its
plants are in the
BEXIMCO Industrial Park, a vertically
integrated self-contained facility. This facility provides ready access
to captive power generation, water purification, liquid nitrogen, waste
water treatment and other key infrastructure. The Group’s global clients
include some of the world’s best known brands including BT, BASF,
Chevron, Calvin Klein, H&M, JC Penney, Macys, Zara, UNICEF, Royal
Doulton and Villeroy & Boch.
BEXIMCO is well
positioned to capitalize on strong growth across industries in both the
domestic and global markets. Each Group company is managed by an
independent, professional team with significant depth of experience.
Management teams have established a clear strategic plan that will
further strengthen the overall platform. BEXIMCO intends to leverage its
market position and global scale, further diversify operations into
highly profitable sectors, capitalize on the domestic growth opportunity
and selectively pursue international opportunities going forward.
In recognition of its corporate success and creation of shareholder value, the
BEXIMCO Group has and continues to make significant contributions to Bangladesh’s society. Sponsored organizations include
“Proyash”, a specialized institute that works for the holistic development of children with special educational needs and
“Gono Sahajjo Songstha”,
an institution that provides education for the underprivileged. BEXIMCO
was also an official sponsor of the Bangladesh National Cricket team
for the ICC Cricket World Cup 2011 and also the official title sponsor
of the
FIFA friendly match between Argentina and Nigeria held in September, 2011.
