FrieslandCampina Engro Pakistan Limited (FCEPL) is a Pakistani

dairy A dairy is a place where milk is stored and where butter, cheese, and other dairy products are made, or a place where those products are sold. It may be a room, a building, or a larger establishment. In the United States, the word may also des ...

products company which is a subsidiary of Dutch multinational cooperative

FrieslandCampina Royal FrieslandCampina N.V. is a Dutch multinational dairy cooperative which is based in Amersfoort, Netherlands. It is the result of a merger between Friesland Foods and Campina on 30 December 2008. The European Commission approved the merger ...

. It is based in

Karachi Karachi is the capital city of the Administrative units of Pakistan, province of Sindh, Pakistan. It is the List of cities in Pakistan by population, largest city in Pakistan and 12th List of largest cities, largest in the world, with a popul ...

Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...

. FrieslandCampina Engro Pakistan produces products such as

ice cream Ice cream is a frozen dessert typically made from milk or cream that has been flavoured with a sweetener, either sugar or an alternative, and a spice, such as Chocolate, cocoa or vanilla, or with fruit, such as strawberries or peaches. Food ...

, and

frozen dessert Frozen dessert is a dessert made by freezing liquids, semi-solids, and sometimes solids. They may be based on flavored water ( shave ice, ice pops, sorbet, snow cones), on fruit purées (such as sorbet), on milk and cream (most ice creams, ...

s. 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 The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...

, following an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

at a strike price of PKR 25. By 2012, it had a

market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...

greator than its parent company,

Engro Corporation Engro Corporation Limited, formerly Engro Chemicals Pakistan Limited, and commonly known as Engro ( ), is a Pakistani conglomerate (company), conglomerate headquartered in Karachi. It was founded as Esso Fertilizer in 1965 by Esso. Its subsidiar ...

. In 2016, Dutch dairy co-operative, Friesland Campina, acquired 51 percent stake in the company for . At that time, it was still struggling to fully reach consumers due to its weak supply chain.FRIESLANDCAMPINA ENGRO PAKISTAN LIMITED (FCEPL) - stock quote and company business summary on MarketScreener.com website
Retrieved 18 June 2021 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 Sukkur is a city in the Pakistani province of Sindh along the western bank of the Indus River, directly across from the historic city of Rohri. Sukkur is the List of cities in Sindh by population, third largest city in Sindh after Karachi and H ...

Sahiwal Sahiwal ( Punjabi / ; ; ), formerly known as Montgomery, is a city in central Punjab, Pakistan. It is the administrative capital of both Sahiwal District and Sahiwal Division. It is the 19th largest city of Pakistan by population accordin ...

References

Engro FrieslandCampina subsidiaries Dairy products companies of Pakistan Food and drink companies established in 2005 Food and drink companies based in Karachi 2011 initial public offerings 2016 mergers and acquisitions Companies listed on the Pakistan Stock Exchange Manufacturing companies based in Karachi Mergers and acquisitions of Pakistani companies Pakistani companies established in 2005 Pakistani subsidiaries of foreign companies Sahiwal Sukkur {{Pakistan-company-stub