Square Group was founded in 1958 by
Samson H. Chowdhury and his three friends as a pharmaceutical company,
Square Pharmaceuticals in Pabna. Samson H Chowdhury used to own a pharmacy, founded in 1952, in the Ataikula village in
Pabna District. In 1974, Square Pharmaceuticals worked with
Janssen Pharmaceutica, a subsidiary of
Johnson & Johnson. In 1987, the group started exporting pharmaceuticals from Bangladesh. In 1994,
Square Toiletries Limited became a private limited company. Joe Davis-Fleming was appointed the first CEO of the hospital. The 250 bed hospital was built on a 3.5 billion taka budget. Square Group started exporting food products to Japan through Square Consumer Products Limited in 2008. On 9 March 2012, the board of directors of Square Group appointed Samuel S Chowdhury Chairperson of the group.
Mikhail Myasnikovich,
Prime Minister of Belarus visited Square Pharmaceuticals factory in
Gazipur District and signed a MOU to import pharmaceutical products. On 9 April 2015, Square Textiles announced plans to invest 1.13 billion taka to expand production facilities. Square Toiletries started the manufacturing of diapers in 2015. On 26 August 2016, Square Denim started operations from
Habiganj District. On 10 January 2018, Square pharmaceutical started construction of a pharmaceutical factory in
Nairobi,
Kenya through its subsidiary Square Pharmaceuticals Kenya EPZ Ltd. Production at the factory was delayed by the COVID-19 pandemic. Square Group launched a helicopter service called Square Air Limited in 2019. It operates three helicopters and clientele includes government ministers and high-ranking officials visiting projects outside of Dhaka. Square Group received permission to export pharmaceuticals to
Democratic Republic of the Congo on 10 March 2020. Square Group donated 10,000 sets of
personal protective equipment to the
Directorate General of Drug Administration in March 2020 during the
COVID-19 pandemic in Bangladesh. On 26 October 2020, Square announced plans to invest 2.5 billion taka to expand pharmaceutical production. == Subsidiaries ==