FrieslandCampina Engro Pakistan | |
Former Name: | Engro Foods (2005–2019) |
Type: | Public |
Traded As: | KSE 100 component |
Location: | Karachi-75600, Pakistan |
Key People: | Abdul Samad Dawood (chairman) Kashan Hasan (CEO) |
Industry: | Dairy |
Products: | Dairy Omung, Olpher's, Omoré, Tarang |
Num Employees: | 1310 |
Num Employees Year: | 2023 |
Revenue Year: | 2023 |
Income Year: | 2023 |
Net Income Year: | 2023 |
Assets Year: | 2023 |
Equity Year: | 2023 |
Owner: | FrieslandCampina (51%) Engro Corporation (40%) |
Parent: | Engro Corporation FrieslandCampina |
Footnotes: | Financials [1] |
FrieslandCampina Engro Pakistan Limited (FCEPL) is a Pakistani dairy products company which is a subsidiary of Dutch multinational cooperative FrieslandCampina. It is based in Karachi, Pakistan.
FrieslandCampina Engro Pakistan produces products such as dairy, ice cream, and frozen desserts.[2] The company also operates a dairy farm.[2]
FrieslandCampina Engro Pakistan was founded as a subsidiary of Engro Corporation in 2005.[3] Its plant became operational in 2006.[4]
In 2011, Engro Foods was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 25.[5]
In 2016, Dutch dairy co-operative, Friesland Campina, acquired 51 percent stake in the company for .[6] At that time, it was still struggling to fully reach consumers due to its weak supply chain.[7] [8]
In July 2019, the company changed its name to FrieslandCampina Engro Pakistan.[9]
The company operates two processing plants in the following cities of Pakistan: