PSPC Secures NSPC Merger for Strategic Growth
Deal News | Jul 08, 2025 | EIN
Pakistan Security Printing Corporation (PSPC) has successfully merged with its wholly-owned subsidiary, National Security Printing Company (NSPC), effective July 1, 2025. The State Bank of Pakistan (SBP) announced that all assets and liabilities of NSPC are now integrated into PSPC following the merger. NSPC, previously managed by the federal government, is now dissolved without winding up. The merger is aimed at achieving operational efficiencies, enhancing customer value, and improving the coordination of security printing services. The Competition Commission of Pakistan approved this acquisition last October. PSPC will continue to serve both public and private sector customers, ensuring uninterrupted services.
Sectors
- Security Printing
- Financial Services
Geography
- Pakistan – The article is focused on companies based in Pakistan, specifically the PSPC, a subsidiary of the State Bank of Pakistan, and the merger taking place within the country.
Industry
- Security Printing – Involves the production of secure documents such as banknotes, passports, and other government-issued papers. This is relevant as the article discusses the merging of two entities in the security printing sector.
- Financial Services – Includes services provided by credit institutions and other financial organizations. Relevant as PSPC is involved in printing currency notes, a critical component of the financial system in Pakistan.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pakistan Security Printing Corporation (PSPC) | Bidding Company/Buyer | Company | A wholly-owned subsidiary of the State Bank of Pakistan, responsible for printing currency notes and prize bonds. |
| National Security Printing Company (NSPC) | Target Company | Company | A now-dissolved subsidiary of PSPC, was involved in printing security documents like passports and government stamps. |
| State Bank of Pakistan (SBP) | Government | Government | The central bank of Pakistan, overseeing the merger and ensuring its alignment with the country's monetary policies. |
| Federal Government of Pakistan | Selling Company | Government | Previously owned NSPC before its acquisition and merger by PSPC. |
| Competition Commission of Pakistan (CCP) | Regulatory Body | Government | The regulatory body that approved the acquisition of NSPC by PSPC. |