Karachi June 6 2022: Unity Foods Limited (UNITY) inform that M/s Sunridge Foods (Private) Limited, the wholly owned subsidiary of Unity Foods Limited has decided to make an offer for purchase 100% shareholding of M/s Uni-Food Industries Limited. The proposed acquisition shall be subject to compliance with all statutory and legal requirements.
Uni-Foods Industries Limited was established in Pakistan as a public limited company in September 2016. The company’s main activity is to manufacture, sell, and distribute food products. Uni-Foods owns a bakery and confectionery brand by the name “Good Goodies Cakes”. This proposed acquisition will help facilitate Sunridge to enter value added product segment for sale in both local and international markets.
