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Unilever Pakistan Limited was founded as Lever Brothers Pakistan Limited in 1948. [3] 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. [4] In December 1980, Unilever was listed on the Karachi Stock Exchange. [5]
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. [18] On 16 January 2014, Unilever Philippines sold the Royal pasta brand to Philippine company RFM Corporation for around Php 2.1 ...
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. [ 2 ] [ 3 ] It is a major food products company in Pakistan.
It was established as a company named, Rafhan Best Foods Limited, in 1997 and was subsequently listed on the stock exchange of Pakistan. [2] It is known for products such as Knorr, Energile, Glaxose-D, custards, jelly, and Rafhan. [3] In 2007, Rafhan Best Foods Limited was renamed as Unilever Foods Pakistan Limited. [4]
Through a series of mergers Jurgens' company became Margarine Unie in 1927 and then Unilever in 1929. [5] Since that time, Unilever has added other margarine and food spread brands. Although the food spreads division of Unilever maintained a robust profit margin, in the 21st century sales declined as many consumers switched to butter. In the ...
For Unilever, there are still parts of its business, like its ice cream segment, with an uncertain future. And LVMH’s sales still hinge heavily on fashion and leather products.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
The maker of Dove soap and Cif floor cleaner is being investigated by the UK antitrust regulator over concerns that it is “misleading” shoppers about how environmentally friendly its products are.