Pak Elektron Limited (PEL) 353 views

Pak Elektron Limited (PEL)

Pak Elektron Limited (PEL) is the pioneer manufacturer of electrical goods in Pakistan. In 1956, the Company was set up by Malik Brothers in technical collaboration with M/s AEG of Germany ("AEG") to manufacture transformers, switch-gear and electric motors. Later it was acquired by the Saigol Group of Companies in 1978 and ventured into home appliances market as a part of the Group's long term strategy of diversification.
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