Could 07, 2025 (MLN): The Competitors Fee of Pakistan (CCP) has granted approval for the 100% acquisition of Trax On-line (Pvt.) Ltd. by Safe Logistics Group Ltd. below a Share Buy Settlement.

The pre-merger software was submitted by each events in accordance with the Competitors Act, 2010.

CCP's evaluation recognized the related product market as Courier and E-Commerce Logistics Providers in Pakistan.

The transaction was decided to be a conglomerate merger, with no horizontal or vertical overlaps, as per the press launch issued at present.

CCP concluded that the acquisition wouldn’t result in market dominance or considerably scale back competitors within the recognized market.

Safe Logistics Group Ltd. (SLGL), a public listed firm, supplies long-haul and medium-haul logistics, asset monitoring, fleet administration, and safety providers.

Trax On-line (Pvt.) Ltd. is a non-public firm specializing in warehousing and door-to-door supply for e-commerce shoppers.

The acquisition is anticipated to reinforce operational synergies and contribute to the expansion of Pakistan’s digital logistics ecosystem.

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Posted on: 2025-05-07T14:55:01+05:00

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