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Akij Group

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Akij Group
Company typePublic
Industry
FoundedJanuary 1, 1940; 86 years ago (1940-01-01)
Phultala, Khulna, Bangladesh
FounderSheikh Akijuddin
Headquarters
Simpletree Lighthouse, Plot 53, Road 21, Block B, Kemal Ataturk Avenue, Banani, Dhaka 1213
,
Bangladesh
RevenueIncrease US$1.5 billion (2017)
Number of employees
70,000
Websiteakij.net

AkijBashir Group is a Bangladeshi industrial conglomerate founded by Sheikh Akijuddin in 1940.[1] The industries under this conglomerate include textiles, tobacco, food and beverage, cement, ceramics, printing and packaging, pharmaceuticals, and consumer products.

They are primarily known for their drink products, such as Mojo, Speed and Frutika.

History

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AkijBashir Group was established in the 1950s by industrialist Sheikh Akijuddin as a cigarettes manufacturing business, before moving into other areas of business Like Rice, Jute, Paddy etc.[2][3]

In 2009,[4][5] Akij Group paid 390 million euros in tax, making it the biggest local tax-payer, contributing two percentage to the nation's entire budget. Akij also provides services in healthcare, information and communication technology. Its turnover in 2009 was 89 billion taka.[2] In 2018, Akij sold their tobacco division to JTI for $1.47 billion.[6] It was the biggest ever single foreign direct investment in Bangladesh.[7]

Sister projects

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In August 2018, Japan Tobacco acquired Akij's tobacco business for US$1.5 billion.[8][9]

Subsidiaries

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Core & flagship industries

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  • Akij Biri Factory Ltd.[10]
  • Akij Cement Company Ltd.[11]
  • Akij Ceramics Company Ltd.
  • Akij Food & Beverage Ltd.[12][13]
  • Akij Jute Mills Ltd.
  • Akij Particle Board Mills Ltd.[14]
  • Akij Plastics Limited
  • Akij Polymer Industries Limited
  • Akij Steel Mills Limited
  • Akij Textile Mills Ltd.[15]
  • Akij Tobacco Company Limited

FMCG, consumer & lifestyle

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  • Akij Bakers Limited
  • Akij Bakery Limited
  • Akij Bathware Limited
  • Akij Electronics and Electricals
  • Akij Electronics Limited
  • Akij FMCG Limited
  • Akij Footwear Ltd.
  • Akij Health and Hygiene Ltd.
  • Akij Leather Goods Limited
  • Akij Shoes Limited
  • Akij Tableware Ltd.
  • Golden Akij Shoes Limited

Education & healthcare

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  • Ad-din Foundation
  • Ad-din Mothercare Limited
  • Ad-din Pharmaceuticals Limited
  • Akij College of Home Economics
  • Ad-Din Womens Medical College Hospital
  • Akij Engineering Institute
  • Akij Foundation School and College[16] - flagship educational initiative of Akij Foundation, with campuses in Uttara, Manikganj, and Mohammadpur
  • Akij Healthcare Limited
  • Akij Institute of Technology

Finance, real estate & services

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  • Akij Capital Management
  • Akij City Center Ltd
  • Akij Consulting Limited
  • Akij Real Estate Ltd.
  • Akij Securities Ltd.
  • Akij Takaful Life Insurance

Automotive, transport & energy

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  • Akij Air
  • Akij Automotive Industry
  • Akij Aviation Ltd.
  • Akij BGBL product
  • Akij Fuel Agency
  • Akij Gas Company Ltd.
  • Akij Gas Station Ltd.
  • Akij Motors
  • Akij Shipping Line Limited
  • Akij Transport Agency Limited

Agro & natural resources

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  • Akij Agro feed Limited
  • Afil Agro Limited
  • Afil Bricks Limited
  • Afil Paper Mills Limited
  • Akij Agro Processing Limited
  • Akij Rice Mill Industry
  • Akij Flour Mill Industry
  • Akij Wildlife Farm Limited
  • Bahadurpur Tea Estates

Packaging & materials

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  • Akij BIAX Films Limited
  • Akij Board
  • Akij Buildtech Limited
  • Akij Cartons Limited
  • Akij Pipes & Fittings Limited
  • Akij Printing & Packaging Ltd

Hospitality & leisure

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  • Akij Ecopark Ltd
  • Akij Expedition Limited
  • Akij Hotel and Resorts
  • Akij Island Limited

IT & digital

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  • Akij Computer Ltd.
  • Akij Online Ltd.
  • Blue Pill Limited
  • iBOS Limited

Historic / less active

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  • Akij Bicycle
  • Akij Match Factory Ltd.
  • Akij Zarda Factory Ltd.
  • S.A.F Industries Ltd.

References

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  1. ^ Sajjadur Rahman (2009-06-24). "Akij Group to branch out into new avenues". The Daily Star. Retrieved 2016-10-29.
  2. ^ a b Sajjadur Rahman (2010-12-19). "Akij goes green". The Daily Star.
  3. ^ "Akij Gr set to overtake RAK Ceramics to become country's biggest tiles maker". The Financial Express. Dhaka. 2011-12-05.
  4. ^ "Akij to invest Tk 1,500cr in three plants in its economic zone". The Daily Star. 2016-09-23. Retrieved 2016-10-29.
  5. ^ Sajjadur Rahman (2010-12-09). "Big players buy cargo ships". The Daily Star. Retrieved 2016-10-29.
  6. ^ "JTI group acquires tobacco business of Akij Group in Bangladesh" (PDF). Japan Tobacco International. Archived from the original (PDF) on 2021-08-25.
  7. ^ "Japan Tobacco closes $1.47b acquisition of Akij venture". The Daily Star. 2018-11-30. Retrieved 2020-07-01.
  8. ^ "Japan Tobacco to Acquire Bangladesh Company for $1.5 Billion". Bloomberg News. Retrieved 2018-08-26.
  9. ^ "Japan Tobacco buying Bangladesh Akij's tobacco business for $1.5..." Reuters. Retrieved 2018-08-26.
  10. ^ "Thousand bidi workers lose job as Akij factory closes suddenly". The Daily Star. 2016-04-04. Retrieved 2016-10-29.
  11. ^ "No fly-ash in Akij cement: Official". The Daily Star. 2013-10-10. Retrieved 2016-10-29.
  12. ^ "Akij celebrates Independence Day". The Daily Star. 2012-05-23.
  13. ^ Gazi Towhid Ahmed (2013-10-04). "Akij Food brings in German technology to produce juice". The Daily Star. Retrieved 2016-10-29.
  14. ^ "Akij secures $43m from HSBC to expand particle board business". The Daily Star. 2015-09-23. Retrieved 2016-10-29.
  15. ^ "Akij Textile Mills Ltd".
  16. ^ "Akij Foundation School and College". afsc.edu.bd. Retrieved 2025-08-30.
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