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Colgate-Palmolive Pakistan plans to acquire manufacturing assets and industrial property from Procter & Gamble Pakistan at Port Qasim, Karachi.
Read more: Procter & Gamble Exits Pakistan Amid Global Restructurings
Colgate-Palmolive Pakistan Limited has announced plans to acquire manufacturing assets and industrial property from Procter & Gamble Pakistan Limited at Port Qasim, Karachi, marking a significant development in Pakistan’s consumer goods sector.
In a notice submitted to the Pakistan Stock Exchange (PSX), the company said its board of directors had approved negotiations for an Asset Purchase Agreement covering land, production facilities, and related assets currently owned by Procter & Gamble Pakistan.
The company stated that the proposed transaction remains subject to final agreement terms, regulatory approvals, and completion of legal and administrative requirements. Financial details related to the acquisition were not disclosed.
The planned acquisition comes months after Procter & Gamble announced its decision to discontinue direct manufacturing and commercial operations in Pakistan as part of a broader global restructuring strategy. Under the revised business model, the multinational said it would continue supplying products to the Pakistani market through third-party distribution and regional operations instead of local manufacturing.
P&G’s restructuring affected several major consumer brands, including Pampers, Ariel, Head & Shoulders, and Gillette, which remain available in Pakistan through imports and distribution networks.
Industry observers viewed the company’s earlier decision as part of a wider trend among multinational firms reassessing operational exposure in markets facing economic uncertainty, currency pressures, and regulatory challenges.
Port Qasim remains one of Pakistan’s largest industrial and logistics zones and has hosted several multinational manufacturing operations over the years.
Colgate-Palmolive Pakistan, which operates in the oral care, personal care, and household products segments, said no further operational details regarding the facility were being disclosed at this stage.
Procter & Gamble had maintained manufacturing operations in Pakistan since the early 1990s and expanded its Port Qasim facilities over the years, including investment in production capacity for household and personal care products.
The company had also previously announced plans concerning Gillette Pakistan Limited, including proposals related to minority shareholders and delisting following the operational restructuring.
Market analysts say the proposed acquisition could strengthen Colgate-Palmolive Pakistan’s manufacturing footprint while allowing the company to potentially expand production capacity within the country’s fast-moving consumer goods industry.
