Unilever Pakistan
TypeSubsidiary
IndustryFast-moving consumer goods
Founded1946 (1946)
Headquarters
Karachi
,
Pakistan
Key people
Kamran Yousaf Mirza (Chairman)
Amir R. Paracha (Chief Executive Officer & Executive Director)[1]
ProductsHome and personal Care
Food and beverages
RevenueIncrease Rs. 2830 crore (US$98 million) (2022)
Increase Rs. 793 crore (US$27 million) (2022)
Total assetsIncrease Rs. 2061 crore (US$71 million) (2022)
Total equityIncrease Rs. 751 crore (US$26 million) (2022)
ParentUnilever
Websiteunilever.pk

Unilever Pakistan Limited, formerly Lever Brothers Pakistan Limited(Urdu: یونی لیور پاکستان), is a Pakistani fast-moving consumer goods company based in Karachi. It is a subsidiary of the British multinational company Unilever.

History

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.[2]

In December 1980, the company got listed on the Karachi Stock Exchange.[3]

It has four factories operating in the country.[3]

Brands

Food and drinks

Personal care

Home care

  • Comfort - fabric softeners
  • Rin - detergent[2]
  • Surf Excel - detergent and gentle wash.[2]
  • Domex
  • Vim


Former Brands

In 2003, Unilever announced the strategic decision to sell off the Dalda brand in both India and Pakistan.[4] In 2003, Bunge Limited acquired the Dalda brand from Hindustan Unilever Limited for reportedly under Rs 100 crore.[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.[6]

See also

References

  1. ↑ "Unilever Pakistan announces change in leadership with new CEO's appointment". www.thenews.com.pk.
  2. 1 2 3 4 5 Profile of Unilever Pakistan Business Recorder, Published 30 November 2011, Retrieved 13 June 2021
  3. 1 2 "Seven years after delisting, Unilever Pakistan is investing heavily in growth". Profit by Pakistan Today. 10 January 2021.
  4. ↑ "Seven years after delisting, Unilever Pakistan is investing heavily in growth". Profit by Pakistan Today. 10 January 2021. Retrieved 3 April 2022.
  5. ↑ Viveat Susan Pinto (5 March 2015). "40 years ago...And now: How Dalda built, and lost, its monopoly (Dalda was established in an advertising blitzkrieg but later ran into trouble)". Business Standard (newspaper). Retrieved 20 September 2021.
  6. ↑ Dilawar Hussain (5 January 2008). "Dalda grabs Tullo in edible oil business". Dawn (newspaper). Retrieved 20 September 2021.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.