PABC approves Rs621m acquisition in Alfalah Agri-Cultivation Fund
MG News | December 09, 2025 at 02:53 PM GMT+05:00
December 09, 2025 (MLN): Pakistan Aluminium Beverage Cans Limited
(PSX:PABC) has approved the acquisition of 60% of the units of Alfalah
Agri-Cultivation Fund – I, a private equity fund, from Liberty Mills
Limited, an associate of PABC, for Rs 621m.
The Fund is engaged in modern, mechanized, and sustainable
corporate farming initiatives in Pakistan, the company's filing on PSX revealed today.
Its investment in Terra Crop Innovations (Pvt) Ltd a
project located in the Cholistan Desert is expected to contribute to enhanced
food security, increased agricultural exports, and import substitution.
Completion of the transaction will follow customary
procedures, and the Board has authorized the Company’s representatives to
undertake all necessary steps for its execution.
For context, the Company had earlier, on 30 October 2025,
disclosed the Board’s approval of plans to establish a new beverage can
manufacturing facility in Afghanistan.
The production capacity of which was of 1.3 billion cans
and an estimated capital expenditure of approximately $110 million,
subject to required regulatory and customary approvals.
These decisions reflect continued progress on the Company’s
strategic roadmap.
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