Skip links

History

A Brief History of Mandegar Holding

  • 1918 – 1296

Timeline of the Life and Activities of Seyyed Jalal Sadat Tehrani

Started his business career in the Tehran Bazaar, trading haberdashery items and socks.

  • 1921 – 1300

Formation of Commercial and Real Estate Assets

Established his first sock manufacturing workshop with two retail stores.

  • 1939 – 1318

Established a trading company specializing in the import of yarn, textiles, and haberdashery products.

Obtained a Commercial Trading License from the Chamber of Commerce and the Ministry of Finance.

Expanded import and trading operations, including the import of various types of yarn, fabrics, and other related goods.

  • 1946 – 1325

Expansion of Commercial Activities and Real Estate Investments

Strengthened the economic infrastructure to support the growth of future business ventures.

  • 1950 – 1329

Acquired Pars Tricot Company, marking the beginning of his industrial career at the age of 47.

  • 1953 – 1332

Established Farrokh Trading Company, specializing in the import of iron, chemicals, and haberdashery products.

  • 1958 – 1337

Official Entry into the Textile and Hosiery Industry

The establishment of the Starlight Socks Factory marked a major milestone in the Group’s industrial development. With its official entry into manufacturing, a new chapter began, paving the way for the expansion of textile operations and a significant increase in domestic production capacity.

  • 1960 – 1339

Founding of Rokn Socks Manufacturing Company

Opening of the New Factory at Kilometer 7 of Karaj Road

  • 1962 – 1341

Acquired Azadi Knitting Manufacturing Company (SAKA)

As part of its industrial expansion strategy, the Group acquired manufacturing plants and operating facilities in the knitting and textile sectors, strengthening its production value chain and establishing a more prominent presence in Iran’s textile industry.

  • 1964 – 1343

Launch of SAKA Manufacturing Company

With the establishment of SAKA Manufacturing Company, the Group expanded its operations into the production of a wide range of fabrics, yarns, nets, and synthetic fibers. This strategic development created new capabilities for advancing the textile industry while strengthening the supply of essential raw materials.

  • 1966 – 1345

Industrial Development and Production–Distribution Chain Expansion

As its business activities expanded and investments increased, the Group acquired Hafez, Fereshteh, and Baharestan commercial complexes. These strategic investments in commercial real estate strengthened the Group’s business infrastructure, enhanced its economic presence, and created new opportunities for the expansion of its trading and distribution operations.

  • 1967 – 1346
  • Established a Socks Distribution Company (Direct Sales Network)

  • Registered Farnakh Spinning and Weaving Company

  • 1973 – 1352
  • Established Alborz Poursa Yarn Company

  • Participated in the Establishment of Shahryar Bank

  • 1979 – 1358

The Revolution and Its Aftermath

The political and economic changes brought about by the Islamic Revolution significantly affected the operations of many businesses. During this period, the Group’s activities in Iran came to a halt, marking the beginning of a new chapter in its business journey.

  • 1993 – 1372

Final Years – Transition to Modern Industries (1990s)

1993: Seyyed Jalal Sadat Tehrani passed away in Tehran.

  • 1997 – 1376

Building on its long history of industrial investment and decades of experience in manufacturing, the Group embarked on a new chapter by entering the flavors and fragrances industry.

  • 2000 – 1379

Mandegar Holding with the Vision of:

  • Consolidating and strategically managing the Group’s investments
  • Creating unified management across its manufacturing companies
  • Providing a platform for international growth and expansion
  • 2002 – 1381

Formation of a Strategic International Partnership

Robertet of France—with more than 170 years of expertise in the flavors, fragrances, and natural ingredients industry—acquired approximately 49% of the shares of Taam Afshan Company, marking the beginning of a strategic international partnership and a significant milestone in the Group’s global expansion.