Fauji Cement Company Limited (FCCL) and Kot Addu Power Company Limited (KAPCO) have announced their decision to jointly acquire a majority share 84.06% of the total issued and paid-up capital of Attock Cement Pakistan Limited (ACPL).
This announcement comes after the Public Announcement of Intention made on June 3, 2025, through Integrated Equities Limited, which is serving as the Manager to the Offer.
The move aims to bring Attock Cement under joint control of FCCL and KAPCO, both of which are part of the Fauji Foundation group.
In a meeting held on November 3, 2025, the Board of Directors of Fauji Cement approved the acquisition plan after reviewing the potential business advantages and synergies within the Fauji Foundation’s cement division.
The board believes that this collaboration will help strengthen the group’s position in Pakistan’s cement industry, improve operational efficiency, and create long-term value for shareholders.
However, the acquisition process is still in progress and depends on several key steps. These include signing the share purchase agreement, completing all related transaction documents, and obtaining necessary regulatory approvals. Other legal and procedural conditions must also be met before the transaction is finalized.
Once completed, this acquisition will mark an important milestone for the Fauji Foundation group, expanding its influence in the cement sector.
It reflects the group’s ongoing strategy of growth through collaboration and consolidation while contributing to the overall development of Pakistan’s industrial base.
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