| Fauji Foods | |
| Type: | Public |
| Location: | Lahore, Pakistan |
| Key People: | Muhammad Haseeb Aslam (CEO)[1] |
| Products: | Nurpur Dostea |
| Num Employees Year: | 2023 |
| Equity Year: | 2023 |
| Revenue Year: | 2023 |
| Income Year: | 2023 |
| Net Income Year: | 2023 |
| Parent: | Fauji Foundation |
| Owner: | Fauji Fertilizer Bin Qasim (47.84%) Fauji Fertilizer Company (18.45%) FFBL Power Company (15.87%) |
| Subsid: | Fauji Infraavest Foods Fauji Cereals |
| Footnotes: | Financials [2] |
Fauji Foods Limited, (Urdu: فوجی فوڈز) formerly known as Noon Pakistan Limited, is a Pakistani food company which is a subsidiary of Pakistani conglomerate company Fauji Foundation.[3] It is based in Lahore, Pakistan.
Fauji Foods is known for its dairy products and brands such as Nurpur, and Dostea.[4] It is listed on the Pakistan Stock Exchange.[5]
Fauji Foods was established in 1966 as part of Noon Group by Pakistani political family Noon family.[6] [7] It was listed on the Karachi Stock Exchange in 1970.[8] The shares of the company were held by Pakistani politician Malik Adnan Hayat Noon and Salman Hayat Noon with 48.9 percent and 25.5 percent respectively until 2015.[5]
In 2015, Fauji Foundation acquired Noon Pakistan.[9] Before acquisition, company was in loss for two consecutive years.[10] Fauji Fertilizer Bin Qasim will give a loan of Rs. 3.5 billion to Fauji Foods.[11]
In 2018, Chinese company, Yili Group, expressed its intent to buy 51 percent stake in Fauji Foods.[12] Later, in 2019, it has withdrawn its interest.[13]
In February 2024, Fauji Foods acquired Fauji Infraavest Foods Limited and Fauji Cereals from Fauji Foundation.[14]