Pakistan’s Engro Foods Plans to Expand Overseas, Raise Exports
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Engro Foods Ltd., Pakistan’s biggest producer of packaged milk, plans to expand overseas within a year by acquiring a company or setting up its own plant to take advantage of rising food prices globally.
“We have tracked down two or three companies we could buy, or we could start a new project,” Chief Executive Officer Sarfaraz A. Rehman, said in an interview at his office in Karachi, without giving details.