Unilever Pakistan Limited

Unilever Pakistan
Public
Traded as KSE: ULEVER Delisted in 2013
Industry Fast-moving consumer goods
Founded 1948
Headquarters Karachi, Pakistan
Key people
Sheikh Mansoor Ali (G.M Operations)
Products Home & Personal Care, Food & Beverages
Revenue Increase 44672 million (US$440 million) (2010)[1]
Increase 3273 million (US$32 million) (2010)[1]
Parent Unilever Plc (70.4%) [2]
Website UnileverPakistan.com.pk

The Unilever Pakistan Limited (UPL), formerly Lever Brothers Pakistan Limited was established in Pakistan in 1948. The town of Rahim Yar Khan was the site chosen for setting up a vegetable oil factory. Unilever Pakistan is the largest fast-moving consumer goods (FMCG) company in Pakistan, as well as one of the largest multinationals operating in the country. Now operating six factories at different locations around the country. The Unilever's head office was shifted to Karachi from the Rahim Yar Khan site in the mid 1960s.

Brands

Food

·Lipton ·Blue Band ·Magnum ·Cornetto

Personal care

Home care

Controversy

In 2004, Unilever Pakistan sold its vanaspati & oil business (other than margarine products) to M/s Dalda Foods (Pvt) Ltd. But later both the companies also made another agreement of non-competition, under which, Dalda Foods was restricted to compete in vanaspati and oil businesses for the period of five years, in return of Rs 250 million.[3] Monopoly Control Authority of Pakistan issued a show-cause notice to Unilever Pakistan Limited and termed this agreement as violation of monopoly laws but Unilever Pakistan ignored this order and filed an appeal in the High Court of Sindh. Appeal is still pending for hearing.[4]


See also

References

External links

This article is issued from Wikipedia - version of the Monday, January 25, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.