CCP Approves Merger of Junaid Jamshed and U&I Garments
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
The Competition Commission of Pakistan (CCP) has approved the proposed merger of Junaid Jamshed (Private) Limited (JJPL) with and into U&I Garments (Private) Limited (U&I).
The merger application was jointly submitted by U&I and JJPL, seeking CCP’s authorization for the acquisition of the entire business of JJPL by U&I through a share swap arrangement. Following the completion of the transaction, JJPL will cease to exist as a separate legal entity, and its operations, assets, and liabilities will be fully integrated into U&I.
CCP conducted a Phase-I competition assessment to evaluate whether the proposed merger would result in the creation or strengthening of a dominant position in the relevant markets, which include ready-made apparel, footwear, accessories, fragrances, and cosmetics.
CCP noted that the transaction is primarily an intra-group consolidation, as U&I already holds a 25 percent stake in JJPL.
The Commission determined that the transaction would not substantially lessen competition in any relevant market due to limited horizontal overlaps, low entry barriers, and the presence of numerous market competitors. Accordingly, CCP authorized the merger under Section 31(1)(d)(i) of the Competition Act, 2010.
Reference Link:- https://propakistani.pk/2025/04/22/ccp-approves-merger-of-junaid-jamshed-and-ui-garments/
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
