Marking what he described as “a milestone” during the traditional bell-ringing ceremony at the Malta Stock Exchange, Norman Aquilina, Executive Chairman of Quinco Holdings plc, highlighted the company’s ambition and focus as it begins life as an independent, listed entity.
“Apart from driving shareholder value, our listing on The Malta Stock Exchange represents a powerful statement of our commitment and ambitions, symbolising our intent on scaling up and reaching higher heights,” he said.
Mr Aquilina continued: “It’s also a reflection of our vision as we firmly believe that through this spin-off, we are now better placed to strategically focus and unlock the full potential of our food business whilst paving the way for new opportunities.”
Echoing these sentiments, Louis Farrugia, Chairman of Simonds Farsons Cisk plc, underscored the strategic rationale behind the move.
“Through the spin-off, Quinco Holdings plc will be able to focus solely on a strategic plan for its food business and to maximise efficiencies,” Farrugia commented.
“We experienced the benefits of a similar decision when Trident Estates plc was spun off from Simonds Farsons Cisk plc in 2018.”
The comments came as Quinco Holdings plc, the former food division of Simonds Farsons Cisk (SFC) plc, has been admitted to the Official List of the Malta Stock Exchange, with trading commencing on 6th October 2025.
In its latest announcement, the company confirmed that trading has officially started today. The shares were transferred by Farsons as an interim dividend in kind and distributed on a pro-rata basis to its shareholders.
This means the dividend was paid in Quinco shares rather than cash, with each shareholder receiving an amount proportional to their SFC holdings. This move allows SFC shareholders to directly hold shares in the newly listed company, an important step in Quinco’s independence and growth strategy.
Quintano owns a portfolio of popular brands stocked in local supermarkets, such as Heinz, Mevgal, Ocean Spray, Popz and Quakers. The group’s presence extends to 17 locations across the island via Burger King, KFC and Pizza Hut franchises.
This marks the successful completion of the spin-off process, establishing Quinco Holdings plc as an independent, publicly listed company.
Featured Image from left to right: Michael Farrugia, Non-Executive Director, Quinco Holdings Plc, Jan Zammit, Non-Executive Director, Quinco Holdings Plc, Norman Aquilina, Executive Chairman, Quinco Holdings Plc, Louis Farrugia, Chairman Simonds Farsons Cisk Plc, Domnic Borg, Non-Executive Vice Chairman, Quinco Holdings Plc, Neil Psaila, Non-Executive Director, Quinco Holdings Plc, Mr Simon Zammit, CEO, Malta Stock Exchange
He emphasised that Valletta’s success reflects a national effort to blend culture, heritage, and hospitality.
The employers’ lobby stressed the importance of consolidating the country’s strengths while tackling structuring weaknesses.
Strengthening leadership in direct tax compliance and advisory.
This appointment was formally made during the organisation’s annual general meeting which was held in Tunisia earlier this week.