Ismail Industries to establish wholly-owned subsidiary in Spain

MG News | September 11, 2025 at 04:01 PM GMT+05:00
September 11, 2025 (MLN): Ismail Industries Limited (PSX:ISIL) has shared that it
plans to set up a wholly-owned subsidiary in Spain which would mark a key step
in its international expansion strategy.
The decision was
approved by the Board of Directors through a circular resolution and is subject
to regulatory approvals, according to a company filing at PSX today.
The company said the
new subsidiary in Spain will serve as a strategic gateway into the European
Union (EU), one of the world’s largest consumer markets.
The statement also highlighted
that the move aligns with Ismail Industries’ long-term vision to broaden its
global footprint and strengthen the presence of its leading brands in
international markets.
The expansion into
Europe is seen as a significant milestone for the company as it seeks to
diversify its reach beyond Pakistan and tap into new growth opportunities
abroad.
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