CCP clears Secure Logistics–Trax online merger

By MG News | May 07, 2025 at 02:55 PM GMT+05:00

0:00

May 07, 2025 (MLN): The Competition Commission of Pakistan (CCP) has granted approval for the 100% acquisition of Trax Online (Pvt.) Ltd. by Secure Logistics Group Ltd. under a Share Purchase Agreement.

The pre-merger application was submitted by both parties in accordance with the Competition Act, 2010.

CCP's review identified the relevant product market as Courier and E-Commerce Logistics Services in Pakistan.

The transaction was determined to be a conglomerate merger, with no horizontal or vertical overlaps, as per the press release issued today.

CCP concluded that the acquisition would not lead to market dominance or significantly reduce competition in the identified market.

Secure Logistics Group Ltd. (SLGL), a public listed company, provides long-haul and medium-haul logistics, asset tracking, fleet management, and security services.

Trax Online (Pvt.) Ltd. is a private company specializing in warehousing and door-to-door delivery for e-commerce clients.

The acquisition is expected to enhance operational synergies and contribute to the growth of Pakistan’s digital logistics ecosystem.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	120,023.24 136.80M	0.02% 20.65
ALLSHR	74,956.95 415.25M	0.09% 64.82
KSE30	36,533.23 44.37M	0.25% 91.50
KMI30	177,648.07 53.46M	0.48% 854.02
KMIALLSHR	51,412.96 224.87M	0.22% 113.15
BKTi	30,161.85 6.28M	0.10% 29.54
OGTi	27,008.50 5.66M	0.59% 157.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	103,730.00	106,725.00 102,425.00	-235.00 -0.23%
BRENT CRUDE	77.32	77.67 75.51	-1.53 -1.94%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.70 -4.03%
ROTTERDAM COAL MONTHLY	103.85	0.00 0.00	0.35 0.34%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	74.04	75.74 72.32	0.54 0.73%
SUGAR #11 WORLD	16.53	16.73 16.44	0.22 1.35%