Hoechst Pakistan Limited

Overview

  • Founded Date March 2, 1967
  • Sectors Manufacturing
  • Posted Jobs 0
  • Viewed 169
  • Founded Since  1967
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Company Description

The company that is now Hoechst Pakistan Limited has been present in Pakistan for over 55 years, saving the lives of millions and improving the quality of life of many more through effective, top-quality products.

It was founded in 1967 by Syed Babar Ali, to this day the Chairman of the Board of Directors. The Company was originally incorporated as Hoechst Pakistan Limited.

The Company went through several changes of identity over the years as a result of global acquisitions, mergers and divestments. The Packages Group had remained the largest minority shareholder from the start while the Ali Gohar Group had a substantial shareholding as well.

In 2023, Sanofi sold its majority shareholding in Sanofi aventis Pakistan limited to an investor consortium, including IGI Investments, and affiliates of Arshad Ali Gohar Group. The consortium effectively acquired 100% ownership of the Company and changed the name to Hoechst Pakistan Limited.

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