{"id":105660,"date":"2026-02-28T06:47:36","date_gmt":"2026-02-28T09:47:36","guid":{"rendered":"https:\/\/automotive.einnews.com\/article\/896396963"},"modified":"2026-02-28T06:47:36","modified_gmt":"2026-02-28T09:47:36","slug":"bestway-cement-enters-auto-sector-after-ccp-clears-al-haj-automotive-acquisition","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/28\/bestway-cement-enters-auto-sector-after-ccp-clears-al-haj-automotive-acquisition\/","title":{"rendered":"Bestway Cement enters auto sector after CCP clears Al-Haj Automotive acquisition"},"content":{"rendered":"
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The Competition Commission of Pakistan (CCP) has approved the acquisition of Al-Haj Automotive (Private) Limited by Bestway Automotive (Private) Limited after completing a Phase-I competition assessment under the Competition Act, 2010.<\/span><\/p>\n

According to a statement issued by the CCP, Bestway Automotive filed a pre-merger application on January 26, 2026, under Section 11 of the Competition Act, based on an Asset Purchase Agreement signed between the parties on December 22, 2025.<\/span><\/p>\n

Bestway Automotive is a wholly owned subsidiary of Bestway Cement Limited, a company listed on the Pakistan Stock Exchange. The company plans to assemble, market, and sell automobiles in Pakistan. <\/span><\/p>\n

Al-Haj Automotive is engaged in the assembly, marketing, and sale of vehicles, including sedans and SUVs, along with related spare parts.<\/span><\/p>\n

According to the Commission\u2019s assessment, both the acquirer and the target currently hold no production or market share in the defined relevant market. As a result, the transaction is not expected to increase market concentration or affect the competitive structure of the sector.<\/span><\/p>\n

The CCP concluded that the transaction would neither create nor strengthen a dominant position and is unlikely to substantially lessen competition or restrict market entry. It therefore authorised the acquisition under the applicable legal framework.<\/span><\/p>\n

The approval clears the way for Bestway Automotive\u2019s entry into Pakistan\u2019s automobile sector through the acquisition structure.<\/span><\/p>\n

Last year, Bestway Cement announced plans to establish a wholly owned subsidiary to enter Pakistan\u2019s automobile sector, with an initial equity investment of up to Rs4 billion and a shareholder loan of up to Rs6 billion to the new subsidiary.<\/p>\n

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<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… , market, and sell automobiles<\/span> in Pakistan.\u00c2\u00a0 Al-Haj Automotive<\/span> is engaged in … way for Bestway Automotive<\/span>\u00e2\u0080\u0099s entry into Pakistan\u00e2\u0080\u0099s automobile<\/span> sector through … subsidiary to enter Pakistan\u00e2\u0080\u0099s automobile<\/span> sector, with an initial equity …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-105660","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/105660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=105660"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/105660\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=105660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=105660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=105660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}