August 20,
2025 (MLN): The Competition Commission of Pakistan (CCP) has approved the
merger of HA Fibres (Private) Limited (HAFL) with and into Husnain Textile
Mills (Private) Limited (HTML).
The
transaction involves the amalgamation of HAFL with and into HTML, with both
undertakings being private limited companies incorporated in Pakistan.
Husnain
Textile Mills, incorporated in 2004, is engaged in the manufacturing and sale
of yarn. Similarly, HAFL, incorporated in 2006, operates in the same line of
business. Both entities are active in the textile sector, specifically within
the yarn production segment.
The
Commission, in its review of the proposed transaction, identified the relevant
market as “Yarn Cotton Polyester” within Pakistan.
Upon
evaluation, the Commission concluded that the transaction does not result in a
substantial lessening of competition.
The
parties’ combined market share remains limited, and the merger neither creates
nor strengthens a dominant position in the relevant market. Moreover, the
transaction does not give rise to any significant entry barriers.
Accordingly,
the CCP has authorized the proposed merger under Section 31 of the Competition
Act, 2010.
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