Colgate Palmolive Pakistan Limited is planning to acquire land, manufacturing facilities, and other assets from Procter and Gamble Pakistan Limited in a significant development for Pakistan’s fast-moving consumer goods sector.
The proposed transaction was disclosed in a filing submitted to the Pakistan Stock Exchange, which stated that the company’s board of directors approved negotiations and entry into an Asset Purchase Agreement with Procter and Gamble Pakistan during a meeting held on May 14, 2026. The assets under consideration are located at Port Qasim in Karachi.
Colgate Palmolive Pakistan said the proposed deal remains subject to the execution of a final Asset Purchase Agreement, regulatory approvals, and completion of other required formalities. The company did not disclose the financial value of the transaction in its filing.
The move comes amid a broader shift in strategy by multinational consumer goods companies operating in Pakistan, many of which have been reassessing their manufacturing footprints in the country. Port Qasim continues to serve as one of Pakistan’s most important industrial and logistics zones, making the assets strategically valuable for large-scale manufacturing operations.
Colgate Palmolive Pakistan is among the country’s leading manufacturers in the oral care and personal care segments, while Procter and Gamble Pakistan has maintained a presence across a range of household and consumer product categories.
The disclosure was made under Sections 96 and 131 of the Securities Act, 2015, along with Clause 5.6.1(a) of Pakistan Stock Exchange regulations related to material information and price-sensitive disclosures.
The development follows Procter and Gamble’s decision last year to wind down its manufacturing and commercial operations in Pakistan as part of a wider global restructuring plan. At the time, the company said it would move to a third-party distributor model while continuing to serve Pakistani consumers through regional operations.
Procter and Gamble had been operating in Pakistan since 1991 and built a major manufacturing base at Port Qasim over the years. Its facilities supported production for several well-known brands, including Ariel, Pampers, Pantene, and Head & Shoulders. In 2019, the company had also invested more than $50 million to expand its Port Qasim operations.
