Colgate-Palmolive Pakistan to acquire P&G's Port Qasim assets
Business Recorder • • 1 min read
Colgate-Palmolive Pakistan (COLG) has signed an agreement to purchase Procter & Gamble Pakistan’s land, factory and connected assets at Port Qasim, Karachi, Business Recorder reported. The agreement, dated October 28, 2026, remains conditional on clearance from the Competition Commission of Pakistan.
P&G had announced last year that it would wind down its Pakistani manufacturing and commercial operations, including those of Gillette Pakistan, while continuing to serve customers through a distributor. In May, P&G Pakistan disclosed its intention to sell the Port Qasim property and facility to Colgate-Palmolive Pakistan. Founded in 1977 as National Detergents Limited, COLG makes and sells detergents, personal-care goods and related products.
At a glance
- COLG signed an agreement to acquire P&G Pakistan’s Port Qasim land, factory and related assets.
- Completion depends on Competition Commission of Pakistan approval.
Stocks in this story
Originally reported by Business Recorder
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