jan 1, 1867 - E.D. Sassoon & Co. Founded

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E.D. Sassoon & Co., Ltd. was founded in 1867 by Elias David Sassoon (1820–1880), the second son of David Sassoon (1792–1864), after he had broken away from his family's company, David Sassoon & Co., because of personal resentments between him and his brothers. The new company started to trade in dried fruits, nankeen, metals, tea, silk, spices and camphor from modest offices in Bombay and Shanghai.[1] But it soon focused on exporting opium, cotton and piece fabrics from India to China.

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