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.
Our community efforts reflect our corporate culture by building strength and value through mutual assistance and good will.
Subsidiaries, Joint Venture, Associates
- DIC Pakistan Limited.
- Packages Lanka (Private ) Limited.
- Packages Construction (Private ) Limited.
- Anemone Holdings Limited.
- Bulleh Shah Packaging (Private) Limited.
- IGI Insurance Limited.
- Tri-pack Films Limited.
- IGI Investment Bank Limited.
- IGl Life Insurance Ltd.
DIC Pakistan Ltd.
Established in 1994, a joint venture between Packages Limited and Dainippon Ink and Chemicals Asia Pacific Singapore Pte.Limited. Dainippon Inks and Chemicals is one of the largest printing ink manufacturing groups worldwide. Number of employees: 167. Non-listed public limited Company.
Packages Lanka Pvt. Ltd.
Packages Lanka (Private) 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. The number of employees of the company is 142.
Packages Construction (Private) Limited is a wholly-owned subsidiary of the Packages Limited.Packages Construction is undertaking the development of enclosed high quality shopping mall with food court, cinemas and retail outlets - Ground + 2 floors at the land available at Packages' site at Lahore. The built up area is 1.2 million Sq Ft. The design and layout of the mall isbased on inputs from international retail consultants and space shall be leased out andmanaged by a professional propertymanagement team.
Total number of employees: 30.
IGI Insurance Ltd.
IGI was established in 1953. It had a gross premium of PKR 2.14 billion in 2014. Number of employees are 122. It acquired the insurance business of Pakistan branch of Royal & SunAlliance Insurance Plc in year 2004 and a global network partner of Royal & SunAlliance Insurance Plc. In April 2014 with the acquisition of MetLife Alico Pakistan, IGI Insurance Limited has entered into Life insurance sector under the banner of IGI Life Insurance Limited.
Tri-pack Films Ltd.
Tri-Pack manufactures Bi-axially Oriented Polypropylene film (BOPP) with an annual capacity of 82,300 Tones. Tri-Pack sales in 2014 were PKR 15.74 billion. The number of employees of the company is 436. 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 (khyber pakhtunkhwa). It is a listed Public Limited Company.
IGl Investment Bank Ltd.
Established in 1990, IGI Investment Bank is licensed to carry out 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. It is a listed Public Limited Company.
IGl Life Insurance Ltd.
With the acquisition of MetLife Alico Pakistan in April 2014, IGI Insurance Limited entered into Life insurance under the banner of IGI Life Insurance Limited. IGI Life had gross premium of PKR 2.5 billion in 2014. Total number of employees:123. It is a listed Public Limited Company.
Flexible Packages Convertors
Flexible Packages Convertors (Pty) Ltd ("FPC") is a highly specialised print and packaging operation, manufacturing technically advanced mono-layer and co-extruded flexible packaging material to meet the exacting specifications of its extensive blue-chip client base. Packages Limited has entered into a JV with the previous owners and holds 55% shareholding in the new set up. The company is setup in South Africa.
Established in 1998, the business provides high quality printing augmenting its finished product, thus offering a unique combination of both print and manufacture within a lucrative niche industry.The company's core focus is vested in flexible packaging used in the FMCG sector. Standard offerings include sheeted, tubular, centre-folded and bag shaped products. The company owns a 50% shareholding in Plastic Extrusions (Pty) Ltd (1967/008117/07), who in turn holds the patent for a highly lucrative sugar liner patent that is used extensively by customers such as Illovo, Royal Swazi Sugar and TSB.
Upcoming Project - Joint venture with OMYA
In the Board of Director's meeting held on April 22, 2015, Packages Limited announced to start a joint venture (JV) with Omya Group of Switzerland.Omya is a leading global producer of industrial minerals - mainly fillers and pigments derived from calcium carbonate and dolomite - and a worldwide distributor of specialty chemicals.The JV will set up a production facility in Kasur to supply a range of high quality ground calcium carbonate products specifically tailored to meet local and regional markets.