Colgate-Palmolive Pakistan signs asset purchase agreement for Port Qasim facility

Colgate-Palmolive (Pakistan) Limited COLG entered into an Assets Purchase Agreement with Procter & Gamble Pakistan (Private) Limited on October 28, 2026, for the acquisition of land, a manufacturing facility and assets at Port Qasim, Karachi, according to a filing with the Pakistan Stock Exchange.

The disclosure follows the company’s earlier disclosure on May 14, 2026, concerning an Asset Purchase Agreement with the same counterparty for the acquisition of the Port Qasim land, manufacturing facility and assets. The latest filing confirms that the company entered into the agreement on October 28.

Completion of the transaction is subject to approval by the Competition Commission of Pakistan (CCP). The company said the disclosure was made under Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1(a) of PSX Regulations. It enclosed a disclosure form submitted pursuant to SRO 143(I)/2012 dated December 05, 2012, and asked the exchange to inform TRE Certificate Holders.