Mabco Group opens office in city

FE Report Mabco Group has opened a new office in the city's Motijheel area targeting easy distribution of its food products. Chairman of Mercantile Bank Limited Abdul Jalil, MP formally inaugurated the office Thursday. "Mabco Group is one of the largest conglomerates of the country, having diversified business activities. It has been serving the country for about 50 years with its products like food, feeds, fibre and fertiliser," Managing Director of Mabco Group KA Mannan told the FE. He said, "We are a leading food grains producer, trader, exporter and importer of North Bengal, having our base office at Naogaon. The management of Mabco Group and its associate companies has gathered valuable experiences on all kinds of foods grains and fertiliser processing, trading, export and import. The company started its journey in 1958 and today after 50 years, Mabco Group is a Tk 10 billion company, he added.