# KAPCO and Fauji Cement to jointly acquire 84% stake in Attock Cement

KAPCO and Fauji Cement Company Limited entered into a sale and purchase agreement to jointly acquire 84.06% of Attock Cement Pakistan Limited from Pharaon Investment Group. Each purchaser will acquire 42.03% of the shares. The transaction is subject to regulatory approvals and a public offer.

- Type: Acquisition
- Announced: 2026-01-30
- Where: Pakistan
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Attock Cement Pakistan](https://endata.com/companies/32294.md) (target)
- [Fauji Cement Company](https://endata.com/companies/53369.md) (acquirer)
- [KAPCO](https://endata.com/companies/89988.md) (acquirer)
- [Pharaon Investment Group](https://endata.com/companies/89989.md) (partner)
- [Kot Addu Power](https://endata.com/companies/90570.md) (acquirer)

## Sources

- [brecorder.com](https://www.brecorder.com/news/40404891), 2026-01-30: "A sale and purchase agreement has been entered into on January 30, 2026, between KAPCO and Fauji Cement Company Limited (purchasers), and Pharaon Investment Group Limited Holding S.A.L (seller) with respect to the sale of 84.06% of the total issued and paid-up capital."
- [globalcement.com](https://www.globalcement.com/news?start=828), 2026-02-27: "The competition watchdog said that, although the deal involves a horizontal overlap between Fauji Cement and Attock Cement, the combined entity's market share would remain below the statutory dominance threshold."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.