
FrieslandCampina Engro Pakistan Limited
Pakistani dairy company listed on the Pakistan Stock Exchange, maker of Olper's, Tarang and Omore, majority owned by Royal FrieslandCampina.
Company Type
public
Founded
2005
Headquarters
Karachi, Sindh, Pakistan
Stock
Pakistan Stock Exchange: FCEPL
Revenue
PKR 104.5 billion (FY2025, ended December 2025)
Employees
Approximately 1,700
Primary Market
Asia Pacific
FrieslandCampina Engro Pakistan Limited Timeline
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Is Engro Foods still a company?
Engro Foods was renamed FrieslandCampina Engro Pakistan Limited in May 2019 after Royal FrieslandCampina of the Netherlands acquired a majority stake in 2016. The company trades on the Pakistan Stock Exchange as FCEPL.
Who owns FrieslandCampina Engro Pakistan?
The controlling shareholder is FrieslandCampina Pakistan Holdings B.V., part of Dutch dairy cooperative Royal FrieslandCampina, which paid about $450 million for its stake in 2016. Remaining shares trade publicly on the PSX.
What brands does FCEPL own?
FCEPL owns Olper's UHT milk, Tarang tea whitener, Omore frozen desserts, Dairy Omung and Omung Dobala.
Where does FCEPL make its products?
The company operates production plants in Sukkur and Sahiwal and a dairy farm at Nara, sourcing milk through more than 1,300 collection centers across Pakistan.
What was FCEPL's revenue in 2025?
FCEPL reported net revenue of PKR 104.45 billion for the year ended December 31, 2025, with profit after tax of PKR 2.69 billion.
Who is the CEO of FCEPL?
Usman Zaheer Ahmad, former CEO of Fauji Foods, was appointed CEO in September 2026 and joins on November 16, 2026, succeeding Kashan Hasan.
History of FrieslandCampina Engro Pakistan Limited
Engro Corporation, the Pakistani industrial group behind fertilizer and energy businesses, founded Engro Foods in 2005 to enter the consumer packaged goods market. The company built its first processing plant in Sukkur, Sindh, and launched Olper's UHT milk in 2006. Olper's grew rapidly into Pakistan's leading packaged milk brand, helping shift consumption from loose raw milk to branded processed dairy.
Tarang, a tea whitener, followed in 2007 and the Omore frozen dessert brand launched in 2009, giving Engro Foods three national consumer brands within four years. The company listed on the Karachi Stock Exchange and added a second plant in Sahiwal, Punjab, to expand production closer to Pakistan's largest milk shed.
In 2016 Royal FrieslandCampina, the Dutch cooperative behind Friesche Vlag, Friso and Dutch Lady brands, bought a majority stake for about $450 million. The deal gave Engro Foods access to FrieslandCampina's dairy research, quality systems and farmer development programs. Minority shares continue to trade on the Pakistan Stock Exchange. The company renamed itself FrieslandCampina Engro Pakistan in May 2019 to reflect the new ownership.
Under FrieslandCampina ownership the company invested in cold chain expansion, farmer training programs covering tens of thousands of dairy farmers, and product extensions including Dairy Omung and flavored milk lines. Leadership changed in late 2026, when CEO Kashan Hasan resigned and the board appointed Usman Zaheer Ahmad, formerly CEO of Fauji Foods, effective November 16, 2026.
FrieslandCampina Engro Pakistan Limited Sustainability & Ethics
The company runs dairy development programs that have trained tens of thousands of smallholder farmers, including more than 41,000 women farmers, in animal health, feeding and milk quality practices. As part of the FrieslandCampina cooperative system it reports into the group's global sustainability framework covering farm-level emissions, water use and food safety standards across its collection network.
Controversy, Regulation & Public Scrutiny
Like other packaged dairy producers in Pakistan, FCEPL operates under periodic regulatory scrutiny from provincial food authorities over quality standards and labeling, and the broader packaged milk industry faces recurring public debate over pricing during inflationary periods. No major safety recalls have been publicly recorded against the company's brands in recent years.
Brands Owned by FrieslandCampina Engro Pakistan Limited
FrieslandCampina Engro Pakistan Limited owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
FrieslandCampina Engro Pakistan Limited
public · Founded 2005 · Karachi, Sindh, Pakistan
1
brands
Stock Information
FrieslandCampina Engro Pakistan Limited Ownership: Pros & Cons
Advantages
- +Cooperative parent provides more than 150 years of dairy technology, research and quality systems
- +Public listing keeps governance transparent and gives minority investors liquidity
- +Control by a global dairy group reduces raw material and technical risk in a thin-margin business
Considerations
- -Majority foreign ownership means strategic decisions ultimately rest with the Dutch parent cooperative
- -Small free float limits the influence of public shareholders on company direction
- -Exposure to Pakistani currency and inflation risk sits with a parent that reports in euros




