National Foods Limited has announced the sale of a majority stake in A1 Bags and Supplies Inc., according to a notice submitted to the Pakistan Stock Exchange (PSX) on Monday.
The company revealed that its wholly owned subsidiary, National Foods Dubai Multi Commodities Centre (NFDMCC), has signed a share purchase agreement with Chemical Chase Morgan Partners and Arfa Holdings Incorporated. The agreement, dated October 10, 2025, involves the sale of 50.5% of the 60% shareholding previously held through National Epicure Incorporated Canada.
The divestment is part of National Foods’ ongoing strategy to streamline its portfolio and focus on its core food business. Earlier disclosures on August 19 and September 16, 2025, had indicated the company’s intent to divest non-core assets.
Established in 1970, National Foods is one of Pakistan’s leading food companies, recognized for its wide range of products and strong export presence. The company produces staples, packaged foods, and culinary products that cater to both domestic and international markets.
Industry analysts believe that the sale will allow National Foods to reinvest proceeds into expanding its food operations and enhancing research and development initiatives. The divestment may also strengthen the company’s financial position and improve its focus on growth in key sectors.
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The company emphasized that its long-term commitment remains on enhancing shareholder value and reinforcing its position in Pakistan’s competitive food industry. By concentrating on core business areas, National Foods aims to optimize operational efficiency and maximize returns.
This strategic move aligns with the company’s vision of sustainable growth while maintaining leadership in the food and consumer goods sector. National Foods continues to monitor opportunities to enhance its business portfolio and maintain a competitive edge globally.
