Gul Ahmed Group is one of the Pakistan’s leading business groups with a very diversified portfolio of businesses and investments. The group has been in existence since 1948. Since then, the group has entered into several successful business ventures, with interest in Finance, Energy, Beverages, and Real Estate and last but not the least textile, the Group’s main forte. The Group is involved in the manufacturing of cotton yarns, grey and finished cloth and textile made ups. It is one of the leading exporters of textile products from Pakistan.
In the energy sector, Gul Ahmed Group had successfully envisaged and implemented a Private Power Project under the 1994 Private Power Policy of the Government of Pakistan and setup a 136.17 MW private power plant in Korangi Industrial Area of Karachi. In this Tomen Corporation of Japan joined hands with Gul Ahmed to implement this project and Gul Ahmed Energy Limited was formed.
In this Gul Ahmed Group, Toyota Tsusho Corporation of Japan, International Finance Corporation (IFC) and Wartsila Diesel Oy of Finland are investment and financing participants. O & M contract is managed by Wartsila Diesel Pakistan. Fuel supply for the project is under the Fuel Supply Agreement with Pakistan State Oil and expanding further into the power sector. Gul Ahmed Energy Limited set up Gul Ahmed Wind Power Limited which is wholly owned subsidiary of Gul Ahmed Energy Limited. This project is presently showcased as the representation of the Group in its present endeavors into the energy sector.
The Group consists of a wide range of business companies some of them are as follows.
- Gul Ahmed Energy Ltd.
- Gul Ahmed Textile Mills Limited
- Gul Ahmed Wind Power Ltd.
- GTM (Europe) Limited-UK
- Gul Ahmed International Ltd (FZC) UAE
- Gul Ahmed Holdings (Pvt.) Limited
- Metro Power Company
- Pakistan Beverage Limited
- Yassir Fruit Juices (Pvt.) Limited
- Yassir Industries (Pvt.) Limited
- Yassir Distributors (Pvt.) Limited
- Pakola Products Limited
- Habib Metropolitan Bank Limited
- Safe Mix Concrete Products Limited
- National Foods Limited
- Excel Insurance Company Limited
- Globe Management (Pvt.) Limited
- GML Capital (Pvt.) Limited
- Fun Product Pakistan (Pvt.) Limited
- GML Technologies (Pvt) Limited
- Globe Garments (Pvt.) Limited