Karachi, August 20, 2025: National Foods Limited (PSX: NATF) has announced a strategic restructuring of its UAE-based subsidiary, National Foods Dubai Multi Commodities Centre (NFDMCC). As part of this move, the company will divest its investment in A-1 Bags & Supplies, a Canadian firm specializing in restaurant, industrial, and retail supplies.
The decision was approved by the NATF Board of Directors on August 19, 2025, and was disclosed to the Pakistan Stock Exchange (PSX) on August 20, 2025.
A-1 Bags & Supplies was initially acquired in 2017 by National Epicure Incorporated, a subsidiary of NFDMCC, where National Epicure held a 60% controlling stake. The divestment aligns with National Foods’ ongoing efforts to streamline operations and focus on core business areas. Earlier this year, in February 2025, NFDMCC also completed the closure of another subsidiary, National Foods (FZE) in Sharjah, UAE.
Unilever Pakistan Foods Reports Strong Sales but Profit Declines in 1H 2025
READ MORE
Following the announcement, NATF’s share price surged by 6.4%, opening at Rs412 on Monday.
Founded in 1970 and headquartered in Karachi, Pakistan, National Foods Limited is a leading food company with a diverse portfolio of over 250 products. The company operates in 40 countries across five continents. Its international subsidiaries include National Foods DMCC (Dubai), National Epicure Inc. (Canada), and National Foods Pakistan (UK) Limited.
The restructuring of NFDMCC and the divestment of A-1 Bags & Supplies are part of National Foods’ strategy to focus on its core food business and optimize international operations, ensuring sustainable growth and efficiency in its global ventures.
