The (CCP) has approved the proposed acquisition of BASF Pakistan’s entire shareholding by Kemyion Chemical Solutions Trading FZCO. The approval was granted following a Phase-I review under the Competition Act, 2010.
Kemyion Chemical Solutions Trading FZCO submitted an application to the CCP for approval to acquire 100 percent of BASF Pakistan (Private) Limited from BASF SE, Germany, as per a Share Purchase Agreement dated November 18, 2025. The Commission authorized the transaction under Section 31(1)(d)(i) of the Act.
The CCP assessed the likely impact on competition in the relevant market, which was identified as the trade of chemicals including specialty and industrial chemicals in Pakistan. It found that the acquiring company is not currently operational in Pakistan and does not generate any revenue or own any assets in the country. Consequently, the transaction would not result in a material change in market concentration.
The Commission concluded that the proposed acquisition neither creates barriers to entry nor significantly enhances the market power of the merger parties. The approval reflects CCP’s commitment to facilitating investment while ensuring competition, market efficiency, and consumer welfare remain protected.