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. The company also operates a dairy farm.
History
FrieslandCampina Engro Pakistan was founded as a subsidiary of Engro Chemicals Pakistan Limited in 2005. Its plant became operational in 2006.
In 2011, Engro Foods was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 25. By 2012, it had a market capitalization greator than its parent company, Engro Corporation.
In 2016, Dutch dairy co-operative, Friesland Campina, acquired 51 percent stake in the company for US$450 million. At that time, it was still struggling to fully reach consumers due to its weak supply chain.
In July 2019, the company changed its name to FrieslandCampina Engro Pakistan.
Brands
- Olper's
- Olper's Lite
- Omoré (frozen dessert)
- Dairy Omung
- Omung Lassi
- Tarang
Plants
The company operates two processing plants in the following cities of Pakistan:
- Sukkur
- Sahiwal
References
