CCL Holding Acquires 40.63% Stake in Mitchell’s Fruit Farms

Deal News | Jun 30, 2025 | EIN

CCL Holding Acquires 40.63% Stake in Mitchell’s Fruit Farms

The Competition Commission of Pakistan (CCP) has approved the acquisition of a 40.63% shareholding of Mitchells Fruit Farms Limited by CCL Holding (Private) Limited. This acquisition was made possible through a Share Purchase Agreement with Ms Syeda Maimanat Mohsin and Ms Syeda Matanat Ghaffar. Following a comprehensive competition assessment, the CCP determined that the merger is a conglomerate type with no horizontal or vertical overlaps, and that it would not result in market dominance or a reduction in competition. CCL Holding, formerly known as DHS Pharma, is primarily involved in the healthcare and pharmaceutical sectors through its group of companies. In contrast, Mitchells Fruit Farms is a public limited company focused on manufacturing and selling confectionery and grocery products. This transaction signifies a strategic expansion by CCL Holding into a different industry segment.

Sectors

  • Conglomerate
  • Food and Beverage
  • Healthcare and Pharmaceuticals

Geography

  • Pakistan – The transaction was approved by the Competition Commission of Pakistan, and the companies involved are based in Pakistan.

Industry

  • Conglomerate – The acquisition is classified as a conglomerate merger as there are no horizontal or vertical overlaps between the acquirer and the target business.
  • Food and Beverage – Mitchells Fruit Farms operates in this sector, manufacturing and selling confectionery and grocery items.
  • Healthcare and Pharmaceuticals – CCL Holding's group of companies is involved in the healthcare and pharmaceutical sectors.

Financials

  • 40.63% – The percentage of shares acquired by CCL Holding in Mitchells Fruit Farms.

Participants

NameRoleTypeDescription
CCL Holding (Private) LimitedAcquirerCompanyA private limited holding company engaged primarily in healthcare and pharmaceuticals.
Mitchells Fruit Farms LimitedTarget CompanyCompanyA public limited company involved in manufacturing and selling confectionery and grocery products.
Ms Syeda Maimanat MohsinSellerPeopleAn individual selling shares in Mitchells Fruit Farms.
Ms Syeda Matanat GhaffarSellerPeopleAn individual selling shares in Mitchells Fruit Farms.
Competition Commission of PakistanRegulatory BodyGovernmentThe authority responsible for approving the acquisition after assessing competition impacts.