The CCP approves HA Fiber’s merger with Hussain Textile Mills, ensuring competition in the yarn market remains unaffected.
The Competition Commission of Pakistan (CCP) has given the green light to the merger of HA Fiber (Private) Limited into Hussain Textile Mills (Private) Limited, marking a significant development in the country’s textile sector. Under the deal, HA Fiber will be fully integrated into HTM.
HTM, registered in 2004, specializes in yarn production and sales, while HA Fiber, established in 2006, is also engaged in the manufacturing of yarn. The merger aims to consolidate operations without affecting competition in the market.
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After a thorough review, the CCP concluded that the proposed merger will not reduce competition in the yarn and thread market. Both companies hold a relatively small market share, and the merger will not grant HTM a dominant position. The Commission based its approval on detailed market analysis and available information, ensuring that the transaction aligns with fair competition principles.
