KARACHI: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Al-Haj Automotive (Private) Limited by Bestway Automotive (Private) Limited, a wholly owned subsidiary of Bestway Cement Limited, following a Phase-I review under the Competition Act, 2010.
In a statement issued on Saturday, the regulator said Bestway Automotive filed a pre-merger application on January 26, 2026, under Section 11 of the law. The transaction stems from an asset purchase agreement signed between the parties on December 22, 2025.
Bestway Automotive, incorporated in Pakistan, plans to assemble, market and sell automobiles locally. Al-Haj Automotive is engaged in the assembly and sale of vehicles, including sedans and sport utility vehicles, as well as related spare parts.
The commission said its assessment found that neither the acquirer nor the target currently holds production or market share in the defined relevant market. As a result, the deal would not increase market concentration or alter the competitive structure of the sector.
The regulator concluded that the transaction would neither create nor strengthen a dominant position, nor substantially lessen competition, and authorised the acquisition.
The commission added that the entry of Bestway Automotive into Pakistan’s automobile sector signals continued investor interest and could, subject to market conditions, support local assembly and competition.
