National Foods Limited

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Template:Short description Script error: No such module "Distinguish". Template:Use Pakistani English Template:Use dmy dates Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". National Foods Limited is a Pakistani multinational food products company founded in 1970, which started out as a spice company, and is based in Karachi, Pakistan.[1][2] It is a major food products company in Pakistan.[3]

History

National Foods was incorporated in Pakistan on 19 February 1970 as a private limited company under the Indian Companies Act, 1913 and subsequently converted into a public limited company under the Companies Ordinance, 1984 by a special resolution passed in the extraordinary general meeting held on March 30, 1988. The company is principally engaged in the manufacture and sale of convenience-based food products. The registered office of the company is situated at 12 / CL - 6, Claremont Road, Civil Lines, Karachi.[4][5]

In 1988, National Foods became the certified vendor of McCormick, United States. In the same year, National Foods, then a Private Limited company was converted into a Public Limited company, traded on all the three stock exchanges of Pakistan.[4]

In 2013, as a company National Foods Limited (Pakistan) was listed on the Forbes List of Asia's 200 Best Under A Billion (2013).[3]

In 2017, National Foods Limited acquired a controlling interest in Canadian company A1 Cash & Carry to further expand its operations across the globe. A1 Cash & Carry is a wholesale distributor of foodservice products, disposables, and sanitation/janitorial products in Canada. This company is partially owned by a Canadian-based Pakistani businessman Amjad Pervaiz.

With a range of over 250 food products in over 10 major categories, National Foods is one of the prominent food companies in Pakistan.[4]

Subsidiaries

  • National Foods DMCC (Dubai)[6]
  • National Foods Pakistan (UK) Limited[6]
  • National Epicure Inc, (Canada)[6]

Products

  • Spices, pickles, tomato ketchup, jams, jellies, sauces, cooking pastes, fruit juices, fruit drinks[3][4]
  • Biryanis, curries, barbeque items and kababs (ready-to-eat-meals)[4]

Factories

The company operates factories in Karachi, Nooriabad and Faisalabad[7][8]

In 2024, National Foods Limited inaugurated their largest plant in Faisalabad, Pakistan. The plant signifies company's 7 billion Pakistani rupees invested in the food sector.[9]

See also

References

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  3. a b c National Foods Limited (Pakistan) listed on the Forbes Asia's 200 Best Under A Billion company Retrieved 22 December 2020
  4. a b c d e Business Summary of National Foods Limited on MarketScreener.com website Retrieved 22 December 2020
  5. Financial Statement of National Foods Limited (Pakistan) on financials.morningstar.com website Retrieved 22 December 2020
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External links

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