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Unilever Pakistan Limited was founded as Lever Brothers Pakistan Limited in 1948. [2] The town of Rahim Yar Khan was the site chosen for setting up a personal care factory. In the mid 1960s, the company shifted its headquarters to Karachi from the Rahim Yar Khan site. [3] In December 1980, Unilever was listed on the Karachi Stock Exchange. [4]
In 2003, Bunge Limited acquired the Dalda brand from Hindustan Unilever Limited for reportedly under Rs 1 billion. [36] On 30 March 2004, Unilever Pakistan accepted an offer of Rs. 1.33 billion for the sale of its Dalda brand and related business of edible oils and fats to the newly incorporated company Dalda Foods (Pvt.) Limited. [37]
On 30 March 2004, Unilever Pakistan accepted an offer of Rs.1.33 billion for the sale of its Dalda brand and related business of edible oils and fats to the newly incorporated company, Dalda Foods (Pvt.) Limited. This was a one-of-a-kind corporate transaction in Pakistan, in which a group of six senior Unilever executives formed a management ...
In September 2021, the share price of Systems Ltd reached Rs. 740.93 and the company's market value became Rs. 102 billion, making Systems Ltd the first Pakistani IT company to cross-market value of PKR 100 billion. [11] In Aug 2022, Systems Limited created a new subsidiary in Johannesburg, South Africa, as part of its ongoing global expansion.
Engro Corporation ( Engro) ( Urdu: اینگرو کارپوریشن) is a Pakistani conglomerate headquartered in Karachi. [ 3][ 4] Founded as a fertilizer business in 1965, Engro is one of the largest companies in the country, [ 5] employing over around 3,000 individuals across the Group. [ 1] It operates in five industry areas: Food and ...
Shazia Syed is a Pakistani businesswoman who is currently Global EVP - Beverages at Unilever. She was chairperson and CEO of the Unilever Pakistan Limited, in office from November 2015 till February 2020. Prior to that she served as chairperson of the Unilever Sri Lanka from November 2013 to October 2015. In her 30 years with the organization ...
On 30 March 2004, Unilever Pakistan accepted an offer of Rs. 1.33 billion for the sale of its Dalda brand and related business of edible oils and fats to the newly incorporated company Dalda Foods (Pvt.) Limited. [16] On 16 January 2014, Unilever Philippines sold the Royal pasta brand to Philippine company RFM Corporation for around Php 2.1 ...
LIPTON Teas and Infusions is a privately held company based in Amsterdam, Netherlands, that produces tea and other herbal drinks.. Initially formed in 2020 as a distinct division named Ekaterra within Unilever, private equity firm CVC Capital Partners reached an agreement in November 2021 to purchase the business for €4.5 billion. [2]