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Fauji Foods Limited, () formerly known as Noon Pakistan Limited, is a Pakistani food company which is a subsidiary of Pakistani conglomerate company
Fauji Foundation Fauji Foundation ( ur, ), lit. ''Soldier Foundation''), (also known as Fauji Group) is a Pakistani conglomerates company which is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial ...
, owned by Pakistan Army. The company is known for its dairy products and brands such as ''Nurpur'', and ''Dostea''. The company is based in
Lahore Lahore ( ; pnb, ; ur, ) is the second most populous city in Pakistan after Karachi and 26th most populous city in the world, with a population of over 13 million. It is the capital of the province of Punjab where it is the largest city ...
, Pakistan. It is listed on the Pakistan Stock Exchange.


History


Noon family

The company was established in 1966 as part of Noon Group by Pakistani political family
Noon family Noon (or midday) is 12 o'clock in the daytime. It is written as 12 noon, 12:00 m. (for meridiem, literally 12:00 noon), 12 p.m. (for post meridiem, literally "after noon"), 12 pm, or 12:00 (using a 24-hour clock) or 1200 (military time). Sola ...
. The company shares were formerly held by Pakistani politician Malik Adnan Hayat Noon and Salman Hayat Noon with 48.9 percent and 25.5 percent respectively.


Fauji Foundation

In 2015, Fauji Foundation acquired Noon Pakistan. Before acquisition, company was in loss for two consecutive years. In 2018, Chinese company,
Yili Group Yili Group (; full name: Inner Mongolia Yili Industrial Group Company Limited) is a Chinese dairy products producer headquartered in Hohhot, Inner Mongolia. It is one of China's leading dairy companies alongside Mengniu, and is listed as an A ...
, expressed its intent to buy 51 percent stake in Fauji Foods. Later, in 2019, it has withdrawn its interest.


FFBL Investment

Fauji Fertilizer Bin Qasim will give a loan of Rs. 3.5 billion to Fauji Foods.


References

Fauji Foundation Food and drink companies of Pakistan 2015 mergers and acquisitions Companies listed on the Pakistan Stock Exchange Food and drink companies established in 1966 Companies based in Lahore Pakistani companies established in 1966 {{Pakistan-company-stub