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GLOBAL PARTNERS
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One of the
best ways for a business to leverage its products and
increase growth is through association. Our business
alliances help us manage our business more effectively,
as well as helping us and our partners develop and
diversify our interests. Customers also benefit from the
increased knowledge base, as we transform our market
awareness and shared technology into innovative and cost
effective solutions for customers.
The Packages Group is proud of its long standing network
of friends and family, with key business partners as
diverse as Print Care, Coca-Cola, Tetra Pak and
Mitsubishi Corporation. |
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Nestle Pakistan Ltd |
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Milkpak was
established in 1981. It collected milk from
the rural areas, processes it by the UHT
method, and sells it in Tetra Pak
containers. In 1988, Nestle of Switzerland
bought into Milkpak and expanded its scope
and activities - Nestle now owns 59% of the
enlarged company. Nestle sales in year 2008
were Rs.34.1 Billion with 2,377 employees.
Public Limited Company. Website:
www.nestle.com
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Tetra Pak Pakistan Ltd. |
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Established in 1982, Tetra Pak Pakistan Limited is a joint venture between
Packages Limited and Tetra Laval International, S.A., the world’s leading
liquid food packaging company. Total number of employees: 400. Private
Limited Company. Website:
www.tetrapak.com
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Tri-pack Films Ltd. |
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Tri-Pack
manufactures Bi-axially Oriented Polypropylene film (BOPP) with an annual
capacity of 34,800 tones. Tri-Pack sales net of sales tax in 2008 were
Rs.5.9 billion. The number of employees of the company is 333. Packages
Limited has 33.3% ownership in the company while Mitsubishi Corporation of
Japan holds 25% shares. The Company has production facilities in Port Qasim
(near Karachi) and Hattar NWFP. It is a Public Limited Company.
Website:
www.tripack.com.pk
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DIC Pakistan Ltd. |
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Established in 1994, a joint venture between Packages Limited (55%) and
Dainippon Ink and Chemicals Asia Pacific Singapore Pte. Limited (45%).
Dainippon Inks and Chemicals is one of the largest printing ink
manufacturing groups worldwide. Gross sales for 2008 were Rs.1,629 million.
Number of employees: 165. Non-listed public limited Company.
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Packages Lanka Pvt. Ltd. |
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Packages Lanka
(Pvt) Limited is based near Colombo, Sri
Lanka. It is a joint venture between
Packages Limited and Printcare (Ceylon)
Limited of Sri Lanka. This project was set
up in 1998 for the manufacture of flexible
packaging material. Packages Limited owns
79% of this company. Packages Lanka
(Private) Limited has an annual capacity of
producing 54 million meters flexible
packaging. Packages Lanka Private Limited
had sales of Sri Lankan Rs.1,157 million in
the year 2008. The number of employees of
the company is 136. Private Limited Company.
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IGI Insurance Ltd. |
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The Insurance
company of the Group, IGIIL, was established
in 1953. It had a gross premium of Rs.1,035
million in the year 2008. IGIIL holds a very
important position in the Group having
investments in all Group Companies. Net
worth at realizable value is over Rs.8.1
billion Number of employees are 141. IGIIL
acquired the insurance business of Pakistan
branch of Royal & SunAlliance Insurance Plc
in year 2004. IGIIL is global network
partner of Royal & SunAlliance Insurance
Plc. It is a Public Limited Company.
Website:
www.igiinsurance.com.pk
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IGl Investment Bank Ltd. |
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Established in
1990, IGI Investment Bank is licensed to
carry out all investment finance and leasing
operations as a Non-Banking Finance
Company. In addition, it also offers
corporate finance and advisory equity
brokerage, portfolio management and mutual
funds advisory services. In 2006, IGI
Investment Bank acquired Finex Securities
Limited, a brokerage house in Karachi, and
has established IGI Funds Limited, an Asset
Management Company. The Packages Group owns
55% of the equity and International Finance
Corporation (IFC) 10.8%. In the year
2007-2008, the Bank had gross revenue of
Rs.764 million. The number of employees is
144. It is a Public Limited Company.
Website:
www.igiinvestmentbank.com.pk
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Coca-Cola Beverages Pakistan Ltd. |
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Packages Group
is a minor shareholder in Coca-Cola
Beverages Pakistan Limited (CCBPL) of which
The Coca-Cola Company, Atlanta, U.S.A. holds
92% shares. The company has 3,000 employees.
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