Fatima Fertilizer acquires Agritech shares following CCP review

The Competition Commission of Pakistan (CCP) has authorized Fatima Fertilizer Company Limited’s acquisition of shares in Agritech Limited. The transaction, conducted via the Pakistan Stock Exchange, occurred in two stages: an initial acquisition in 2023 and a subsequent purchase in 2024.

In its Phase-I competition review, the CCP evaluated the impact on Pakistan’s fertilizer sector, specifically focusing on the urea and granulated Single Super Phosphate (SSP) markets. The Commission noted a horizontal overlap between the two companies in the urea market, which resulted in an increase in their combined market share. However, because Fatima Fertilizer held no market share in the SSP market, Agritech’s position in that specific segment remained unchanged.