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FrieslandCampina Engro Pakistan

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
FormerlyEngro Foods (2005-2019)
Company typePublic
PSX: FCEPL
IndustryDairy products
Founded2005; 19 years ago (2005)
HeadquartersKarachi-75600, Pakistan
ProductsOmoré and many others
Number of employees
1310
ParentFrieslandCampina (51% ownership)
Websitewww.frieslandcampina.com.pk

FrieslandCampina Engro Pakistan produces products such as dairy, ice cream, and frozen desserts.[1] The company also operates a dairy farm.[1]

History edit

The company was founded as a subsidiary of Engro Corporation in 2005.[2] The company was still struggling to fully reach consumers due to its weak supply chain.[3][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 US$450 million.[6] This company intends to expand its reach in Pakistan and, in future, access some Central Asian markets. FrieslandCampina already has operations in Mozambique, Sri Lanka, Singapore, Guinea, Libya and the United Arab Emirates.[6][4]

In July 2019, the company changed its name to FrieslandCampina Engro Pakistan.[7]

Brands edit

Plants edit

The company operates two processing plants in the following cities of Pakistan:

References edit

  1. ^ a b Hussain, Dilawar (14 December 2015). "Striving to beat competition in packaged milk industry". DAWN.COM.
  2. ^ a b c d e "Engro Foods Limited (a profile)". Business Recorder. 6 October 2015. Retrieved 18 June 2021.
  3. ^ "Restructuring and regrouping: Engro Foods addresses supply chain weakness". The Express Tribune. 4 August 2013. Retrieved 18 June 2021.
  4. ^ a b c d e f FRIESLANDCAMPINA ENGRO PAKISTAN LIMITED (FCEPL) - stock quote and company business summary on MarketScreener.com website Retrieved 18 June 2021
  5. ^ "Engro offers 27 million shares for sale". Brecorder. 28 June 2011.
  6. ^ a b "Dutch firm buys Engro Foods for $450m". Dawn. 5 July 2016. Retrieved 18 June 2021.
  7. ^ "Engro Foods now becomes FCEPL". Business Recorder. 10 July 2019. Retrieved 18 June 2021.
  8. ^ "Corporate results: Engro Foods' struggle continues". The Express Tribune. 21 October 2014. Retrieved 18 June 2021.
  9. ^ Shahbaz Rana (6 June 2017). "Engro hints at closing milk plant in Sukkur as tax policies bite". The Express Tribune. Retrieved 18 June 2021.
  10. ^ "Engro Foods opens its doors to Punjab parliamentarians". Business Recorder. 23 April 2019. Retrieved 18 June 2021.

frieslandcampina, engro, pakistan, limited, fcepl, pakistani, dairy, products, company, which, subsidiary, dutch, multinational, cooperative, frieslandcampina, based, karachi, pakistan, formerlyengro, foods, 2005, 2019, company, typepublictraded, aspsx, fcepli. 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 PakistanFormerlyEngro Foods 2005 2019 Company typePublicTraded asPSX FCEPLIndustryDairy productsFounded2005 19 years ago 2005 HeadquartersKarachi 75600 PakistanProductsOmore and many othersNumber of employees1310ParentFrieslandCampina 51 ownership Websitewww wbr frieslandcampina wbr com wbr pk FrieslandCampina Engro Pakistan produces products such as dairy ice cream and frozen desserts 1 The company also operates a dairy farm 1 Contents 1 History 2 Brands 3 Plants 4 ReferencesHistory editThe company was founded as a subsidiary of Engro Corporation in 2005 2 The company was still struggling to fully reach consumers due to its weak supply chain 3 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 US 450 million 6 This company intends to expand its reach in Pakistan and in future access some Central Asian markets FrieslandCampina already has operations in Mozambique Sri Lanka Singapore Guinea Libya and the United Arab Emirates 6 4 In July 2019 the company changed its name to FrieslandCampina Engro Pakistan 7 Brands editOlper s 2 4 Olper s Lite 4 Omore frozen dessert 2 4 Dairy Omung 4 Omung Lassi 2 Tarang 8 2 Plants editThe company operates two processing plants in the following cities of Pakistan Sukkur 9 Sahiwal 10 References edit a b Hussain Dilawar 14 December 2015 Striving to beat competition in packaged milk industry DAWN COM a b c d e Engro Foods Limited a profile Business Recorder 6 October 2015 Retrieved 18 June 2021 Restructuring and regrouping Engro Foods addresses supply chain weakness The Express Tribune 4 August 2013 Retrieved 18 June 2021 a b c d e f FRIESLANDCAMPINA ENGRO PAKISTAN LIMITED FCEPL stock quote and company business summary on MarketScreener com website Retrieved 18 June 2021 Engro offers 27 million shares for sale Brecorder 28 June 2011 a b Dutch firm buys Engro Foods for 450m Dawn 5 July 2016 Retrieved 18 June 2021 Engro Foods now becomes FCEPL Business Recorder 10 July 2019 Retrieved 18 June 2021 Corporate results Engro Foods struggle continues The Express Tribune 21 October 2014 Retrieved 18 June 2021 Shahbaz Rana 6 June 2017 Engro hints at closing milk plant in Sukkur as tax policies bite The Express Tribune Retrieved 18 June 2021 Engro Foods opens its doors to Punjab parliamentarians Business Recorder 23 April 2019 Retrieved 18 June 2021 nbsp This Pakistani corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title FrieslandCampina Engro Pakistan amp oldid 1223538244, wikipedia, wiki, book, books, library,

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