News dalla rete ITA

2 Luglio 2026

Pakistan

PAKISTAN IGC SIGNS JV DEAL WITH OVODAN GROUP

Iqbal Group of Companies, one of Pakistan’s integrated poultry conglomerates, has signed a joint-venture agreement with Ovodan Egg Group of Denmark to establish an egg processing facility in Pakistan.    The agreement unites IGC’s domestic poultry platform, which spans production, processing, and distribution through its listed subsidiary Roomi Poultry Limited, with Ovodan’s globally recognised expertise in egg processing technology and value-added product development.    Mohsin Khawaja, Founder and Chief Executive of Iqbal Group, described the signing as “a proud milestone,” framing it as a convergence of Danish precision and Pakistani entrepreneurship directed at a shared objective: modernising Pakistan’s food processing industry and developing export capacity.    The joint venture is designed to introduce international quality standards and advanced processing technology into a segment of Pakistan’s food economy that has historically remained at the raw commodity stage. Ovodan, which operates under the broader Thornico Group, chaired by Thor Stadil, brings decade-long institutional depth in processed egg products and export-market development across Europe and Asia.    The facility, once operational, is expected to add a downstream processing layer to Pakistan’s poultry sector, generating value beyond the farm gate and creating potential pathways into regional and international markets. Pakistan is among the world’s larger egg-producing nations but has negligible processed egg exports—a gap the joint venture explicitly targets. (ICE ISLAMABAD)


Fonte notizia: business recorder