COLG enters Assets Purchase Agreement with Procter & Gamble Pakistan
Mettis Global • • 1 min read
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Colgate-Palmolive Pakistan (COLG) signed an agreement on October 28, 2026, to buy land, a manufacturing site and related assets from Procter & Gamble Pakistan. The property and assets are located at Port Qasim in Karachi, and the deal can proceed only after clearance from the Competition Commission of Pakistan (CCP).
Mettis Global reported that the agreement formalises a proposed purchase COLG had disclosed on May 14, 2026. The company notified the Pakistan Stock Exchange under securities law and PSX rules, but the report gives no purchase price or other financial terms. For investors, the transaction is relevant to COLG’s manufacturing assets and its food and personal care sector, while regulatory approval remains outstanding.
At a glance
- COLG agreed to purchase land, a factory and related assets at Port Qasim.
- Completion depends on approval from the Competition Commission of Pakistan.
Stocks in this story
Originally reported by Mettis Global
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