Saigol Group

The Saigol Group, also known as Kohinoor Group, is a Pakistani group of companies headquartered in Lahore. It was founded by Amin Saigol in the 1930s with a small shop that eventually developed into the Kohinoor Rubber Works.

History
The Saigol family were originally farmers from a small town called Khotian, Chakwal District, Punjab, Pakistan. Khotian town was later named Saigolabad after this family. Sayeed Saigol moved to Calcutta in the 1930s and opened a shoe store. He opened a rubber shoe factory, and was a supplier of rubber shoes and raincoats to the Allied Forces during World War II.

Saigol, anticipating the division and independence of British India, moved his assets to Lahore in the early 1940s. After the independence of Pakistan in 1947, with the help of his younger brothers Yousuf and Bashir, he set up their first textile spinning mill in Lyallpur (now called Faisalabad) in 1949. Later the family expanded its textile business to Rawalpindi and Gujjar Khan, and bought a sugar mill in Jauharabad from the Pakistan Industrial Development Corporation. In 1958–59, the Saigols founded the United Bank Limited.

Nationalisation and back to privatisation
In 1972, Zulfikar Ali Bhutto regime started its nationalization drive and most businesses of the Saigol Group were nationalized over the next four years. By 1976, only the textile and sugar businesses remained.

Then under General Zia-ul-Haq's regime beginning in 1977 reprivatization of industries started. In the early 1980s, the Saigol Group started rebuilding and reinvesting after their losses due to nationalization of industries in Pakistan during the 1970s.

The group is now managed by three Saigol brothers: Tariq Saigol, Nasim Saigol, and Taufeeq Saigol. Their sister Naz Saigol is married to Mian Muhammad Mansha.

Tariq Saigol, the eldest brother, is head of Kohinoor-Maple group, which owns the Kohinoor textile mills and Maple-Leaf Cement. He is known to be openly critical of the Pakistani government's lack of interest in the textile sector. Nasim Saigol heads PEL and Kohinoor industries. Rafiq, the youngest brother, takes care of the group's other business interests.

Companies
The group currently owns following companies:

Listed

 * Maple Leaf Cement
 * Pak Elektron Limited (PEL)
 * Kohinoor Energy Limited
 * Kohinoor Industries Limited
 * Kohinoor Mills Limited
 * Kohinoor Power Company Limited
 * Kohinoor Textile Mills Limited
 * Saritow Spinning Mills Limited

Unlisted

 * Kohinoor Ginning Factory, Multan
 * Saigol Computers
 * Azam Textile Mills Limited, Lahore
 * Kohinoor Motor Works, joint-venture with Qingqi Rickshaws
 * The Four Seasons Private Limited
 * Kohinoor Cotton Mills Liaqatabad

Former subsidaries

 * Kohinoor Sugar Mills, also known as Jauharabad Sugar Mills

Nationalised

 * United Chemicals Limited, Kala Shah Kaku
 * Kohinoor Engineering Limited, Kala Shah Kaku
 * Insecticides (Pakistan) Limited, Kala Shah Kaku
 * Kohinoor Oil Mills, Kala Shah Kaku (formerly a listed company)
 * Kohinoor Rayon Limited, Kala Shah Kaku
 * United Bank Limited

East Pakistan

 * United Bank Limited branches in East Pakistan, now known as Janata Bank
 * Kohinoor Chemicals
 * Kohinoor Jute Mills
 * Kohinoor Spinning Mills

Family members

 * Rafique Saigol (1933–2003), a member of the National Assembly
 * Farooque Saigol (1936–2010)
 * Iqbal Saigol (b. 1940)
 * Naseem Saigol (b. 1943)
 * Tariq Saigol (b. 1948)
 * Azam Saigol (1951–2018)
 * Asif Saigol (b. 1958)
 * Amin Saigol (b. 1967)