Colgate-Palmolive Pakistan agrees to buy Port Qasim plant

Colgate-Palmolive Pakistan has signed an October 28 asset purchase agreement with Procter & Gamble Pakistan for land and a factory at Port Qasim, Karachi.

Colgate-Palmolive (Pakistan) Limited signed an asset purchase agreement with Procter & Gamble Pakistan on October 28, 2026.

The deal covers land, a manufacturing facility and related assets at Port Qasim, Karachi.

Completion depends on approval from the Competition Commission of Pakistan (CCP).

The company disclosed the agreement in a filing to the Pakistan Stock Exchange (PSX).

An earlier disclosure on May 14, 2026 concerned a similar asset purchase agreement with the same counterparty.

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