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McCormick seeks majority stake in Unilever Pakistan Foods

21 October 2026, 08:20 UTCUPFLPakistan company news
McCormick seeks majority stake in Unilever Pakistan Foods

The US spice maker plans to take control of the listed food company through a wider global transaction, with UPFL shares closing near the middle of their 52-week band.

McCormick & Company, Inc. plans to take a controlling interest in Unilever Pakistan Foods Limited, with a stake of no less than 76.55% held directly or through affiliates. The NYSE-listed spice and seasoning maker is pursuing the move as part of a larger food business transaction spanning more than one country.

UPFL finished at 25,351.75 rupees on 20 October 2026, a fall of 0.22% on the day, end-of-day figures from our data show. Over the past month the stock gained 1.41%, and across three months it added 0.40%.

Its closing price has moved between 23,698.33 and 29,900.00 rupees over the past 52 weeks, our data show. The latest close sits inside that band, above the low and below the high.

The KSE-100 index ended at 165,151.64 on 20 October 2026, down 0.49% for the session, also on our end-of-day data. Unilever Pakistan Foods trades on the Pakistan Stock Exchange under the symbol UPFL.

UPFL and the Pakistan market

Last close25,351.75
Day−0.22%
Full Unilever Pakistan Foods Ltd X-Ray →

Based on reports by Mettis Global. This brief was written by StocksXray in our own words, with prices from our own data. See how our news is made in the editorial standards.

Educational only, not financial advice. Numbers beside the story are from our own data.