CCP clears proposed acquisition of Attock Cement

The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the Attock Cement Pakistan Limited by Fauji Cement Company Limited and Kot Addu Power Company Limited, following a Phase-I competition assessment conducted under the Competition Act, 2010. On February 3, 2026, Fauji Cement Company Limited and Kot Addu Power Company Limited filed a pre-merger application for the acquisition of controlling interest in Attock Cement Pakistan Limited from Pharaon Investment Group Limited. The proposed acquisition is pursuant to Scheme of Compromises, Arrangement, and Reconstruction Agreement dated January 30, 2026. Upon completion of the transaction, Fauji Cement Company Limited and KotAddu Power Company Limited will acquire control of Attock Cement Pakistan Limited.