Who owns Milkman?
Milkman is owned by PRAN-RFL (Bangladesh).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: PRAN Foods — Our Brands, PRAN-RFL Group. Last checked .
Key facts
- Current owner
- PRAN-RFL Group reported
- Owner HQ
- 🇧🇩 Bangladesh, Dhaka
- Origin
- 🇧🇩 Bangladesh
- Category
- Food › Dairy & alternatives › Milk & cream
- Last verified
- · 1 sources
About Milkman
Milkman is the brand PRAN uses on both sides of its liquid and powdered milk business: it appears under fresh milk, where it sells a slim milk, and again under powder milk. Powdered milk matters disproportionately in Bangladesh, where cold chains are patchy and much of the market buys milk in a tin rather than a bottle, and PRAN fields Milkman there against imported brands.
Ownership timeline of Milkman
Where Milkman sits in PRAN-RFL
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full PRAN-RFL ownership tree →
See the full PRAN-RFL brand portfolio (14) →
Other brands owned by PRAN-RFL
PRAN-RFL controls 14 brands on Brandtree, 11 of them in food.
Also in food
Other brands in milk & cream, and who owns them
The 172 brands in milk & cream on Brandtree belong to 81 owners. The largest is Dairy Farmers of America, with 10.
| Brand | Owner | Owner based in |
|---|---|---|
| Alta Dena Dairy | Dairy Farmers of America | 🇺🇸 United States |
| Angkormilk | Vinamilk | 🇻🇳 Vietnam |
| Betta Milk | Bega | 🇦🇺 Australia |
| Coronado | Dos Pinos | 🇨🇷 Costa Rica |
| Ambewela | Lanka Milk Foods | 🇱🇰 Sri Lanka |
| Hi High | SUU | 🇲🇳 Mongolia |
| Guliduo | Yili | 🇨🇳 China |
| Campina | FrieslandCampina | 🇳🇱 Netherlands |
About the owner: PRAN-RFL
PRAN-RFL is a privately held company headquartered in Dhaka, Bangladesh, founded in 1981. Brandtree records 14 brands under its control.
PRAN-RFL is the largest food and beverage group in Bangladesh by its own account, founded in 1981 by the late Amjad Khan Chowdhury and run from PRAN Center in Badda, Dhaka. The group began as Rangpur Foundry, which is where the RFL half of the name comes from, and now lists around 200 brands across ten food categories, from carbonated drinks and biscuits to rice, spices and frozen parathas. It says it exports to more than 145 countries, and the name is glossed by the company as meaning life.
🇧🇩 Milkman and other Bangladeshi brands
Brandtree records a controlling owner for 51 brands that began in Bangladesh. 2 of them (4%) are now controlled by a company headquartered in another country; Milkman is not one of them.
- ACI Nutrilife — ACI Limited 🇧🇩
- Energy Plus — Olympic Industries 🇧🇩
- Zerocal — Square Toiletries 🇧🇩
- Biman Bangladesh Airlines — Biman Bangladesh 🇧🇩
- Coca-Cola Bangladesh Beverages — Coca-Cola İçecek 🇹🇷
- Life Insurance Corporation (LIC) of Bangladesh — LIC of India 🇮🇳
Frequently asked questions
Who is the parent company of Milkman?
The parent company of Milkman is PRAN-RFL, a privately held company headquartered in Bangladesh.
Is Milkman Bangladeshi?
Yes. Milkman originated in Bangladesh and its owner, PRAN-RFL, is also headquartered in Bangladesh.
Is Milkman still owned by PRAN-RFL?
Yes. As of 24 September 2026, Milkman is still owned by PRAN-RFL. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] PRAN Foods — Our Brands — PRAN-RFL Group, Official document; retrieved 24 September 2026.
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