Short History
PEL was founded in 1956 through technical collaboration with AEG. In 1978, PEL was acquired by
Saigol Group and was taken public a decade later. Over the years, PEL has formed alliances with
several international giants, including General Electric, Fujitsu, and Hitachi.
No. of Employees worldwide
6348
No. of Employees PEL corporate office is in 14 Km Ferozepur Rd, Lahore
919
Revenue of past few Years
At National and International Level
Appliances Division
PEL’s Appliances Division is the flag carrier of the Saigol Group involved in home appliances
manufacturing.
PEL Air
PEL window-type air conditioners were introduced in 1981 in technical collaboration
with General Corporation of Japan. Ever since their launch, PEL air conditioners have a
leading position in the market. Recognizing the shift in consumers' preference from
window-type to split-type air conditioners, PEL has focused its manufacturing efforts on
split-type air conditioners.
PEL Refrigerators
The manufacturing of refrigerators started in 1986-87 in technical collaboration with
M/s IAR-SILTAL of Italy. Like air conditioners, PEL's refrigerators are also in great
demand. Today, PEL Crystal has 30% market share across Pakistan.
PEL Deep Freezers
PEL deep freezer was introduced in 1987 in technical collaboration with M/s Ariston
Thermo of Italy.
SAIGOL GROUP’S OTHER BUSINESSES
Kohinoor Energy Limited
Kohinoor Energy Limited was incorporated in April 1994 with an objective to take part in the
prosperity of the country through power generation. KEL having paid-up capital of Rupees
1,695 million and is a joint venture of Saigols Group of Companies (a well-known multi-
industrial group of Pakistan) and Toyota Tsusho Corporation (an eminent consortium of
multi-industrial undertakings of Japan.) KEL is situated at 35-KM Link Manga Raiwind Road
Lahore. It is one of the pioneer projects of Independent Power Producers in Pakistan. The
principle activities of the Company are to own, operate and maintain a furnace oil power
station with the net capacity of 124 MW (gross capacity 131.44 MW). WAPDA is the sole
customer of KEL.
Saritow Spinning Mills & Azam Textile Mills
In 1987, the Saritow Spinning Mills and Azam textile Mills were established under the banner
of Saigol group of Companies. Facilitated with the most modern and efficient Japanese and
European Machinery, its knitted yarn is renowned in Far east and Europe for its finest
quality.
The Four Seasons – A Project of Real Estate
Four Seasons Housing Scheme was started in 2007. It is located at Samundri Road and Canal
Road Faisalabad. Its entrance is from the main Samundri Road and spans over 800 Kanals of
land area with 1000 housing units of various areas.
Kohinoor Textile Mills
Kohinoor Mills Limited one of the largest vertically integrated textile manufacturers, started
its successful journey back in 1949. Company with its state-of-the-art facilities spread over
an area of 103 acres is located at 8th KM Manga Raiwind Road near provincial capital city
Lahore. The company has achieved annual sales of US$ 140 million to customers based in
Americas, Europe, Africa, Australia and Asia.