National Foods Limited has formally announced the sale of a controlling interest in A1 Bags and Supplies Inc., marking a strategic shift in its international portfolio. The update was shared via a regulatory filing with the Pakistan Stock Exchange (PSX) on October 13, 2025.

According to the disclosure, the company’s Dubai-based subsidiary, National Foods DMCC, finalized a share purchase agreement with Chemical Chase Morgan Partners and Arfa Holdings Inc. on October 10. The deal involves the sale of 50.5% out of its 60% stake in A1 Bags, previously held through National Epicure Inc., Canada.

This move aligns with National Foods’ broader strategy to concentrate on its core food business and optimize its global footprint. The company had earlier signaled its intent to divest through announcements made in August and September 2025.

Founded in 1970, National Foods Limited is a leading name in Pakistan’s food industry, recognized for its diverse product range and strong export presence.