ISLAMABAD – The Competition Commission of Pakistan (CCP) has given green signal to the acquisition of a specific shareholding in Route2Health (Private) Limited by the UAE-based AZT Foundation. The shares were purchased from Mr. Tausif Ahmad Khan, Mrs. Zainub Abbas, and Mr. Javaid Hussain through a Share Purchase Agreement.
The AZT Foundation was established to hold and manage assets on behalf of the sellers. Route2Health (Pvt.) Limited is a Pakistani company that specializes in the manufacturing, marketing, and distribution of nutraceuticals and health supplements.
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After conducting a thorough competitive analysis, the CCP defined the relevant market as “Nutraceutical and Herbal Supplements.” The transaction has been categorized as a conglomerate merger, as there are no horizontal or vertical overlaps between the acquiring entity and the target company. The Commission determined that the transaction would not lead to the creation or strengthening of a dominant position in the market. Consequently, the CCP has approved the transaction in compliance with Section 11 of the Competition Act, 2010.
