Islamabad, July 9, 2025 — The Competition Commission of Pakistan (CCP) has given the green light to 69 mergers and acquisitions (M&A) during the fiscal year 2024-25, playing a vital role in stimulating foreign direct investment (FDI) and reinforcing investor confidence in Pakistan’s business environment.
According to an official press release issued on Tuesday, the CCP facilitated total investment inflows of approximately $50 million, reflecting its continued commitment to fostering fair competition, encouraging market consolidation, and ensuring transparency in key sectors of the economy.
The CCP’s approvals encompassed a wide array of sectors, including food, logistics, e-commerce, finance, aerospace, and media. This diverse portfolio of mergers and acquisitions illustrates the dynamic nature of Pakistan’s corporate landscape and underscores CCP’s role in streamlining competition policies to promote economic growth.
Among the most notable FDI transactions was a strategic joint venture between National Logistics Cell (NLC) and DP World Logistics FZE, a deal facilitated through the Special Investment Facilitation Council (SIFC). In the e-commerce sector, Bazaar Technologies acquired Wemsol, enhancing its digital footprint. The agribusiness space saw Italy’s Euricom S.P.A take a 50% stake in Fatima Euricom Rice Mills.
The media sector also experienced activity, with Berkeley Square Holding BV acquiring 50% shares in advertising giants Ogilvy and Mather, Mindshare, and Soho Square Pakistan. Additionally, Saudi-based Wakeb Data Company acquired an 80% stake in drone technology firm Woot Tech, expanding its footprint in Pakistan’s tech innovation space.
Of the 69 mergers approved, 64 involved domestic transactions, signifying robust consolidation within local industries. These deals spanned sectors such as energy, retail, services, logistics, and manufacturing. A highlight was the acquisition of 77.42% shares in Shell Pakistan by Asyad Holding through UAE-based Wafi Energy, marking a major shift in Pakistan’s energy landscape.
Other key domestic mergers included Alfalah Asset Management acquiring Faysal Asset Management’s fund rights, and the joint acquisition of Uch and Uch-II power plants by Sapphire Fibres and Mindbridge. Moreover, Nimir Industrial Chemicals acquired assets of Procter & Gamble Pakistan, and DWP Engineering merged with Digital World Pakistan.
In addition to mergers, the CCP also granted 38 conditional, time-bound exemptions under the Competition Act, 2010, benefiting sectors such as pharmaceuticals, telecom, aviation, automotive, food, and banking.
With a proactive and transparent approach, the CCP continues to serve as a key enabler for strategic business decisions, making Pakistan an increasingly attractive destination for both local and foreign investors seeking compliant and competitive mergers and acquisitions.