Trax Online Fully Acquired by Secure Logistics
Deal News | May 07, 2025 | EIN
The Competition Commission of Pakistan (CCP) has approved the full acquisition of Trax Online by Secure Logistics Group Ltd., a critical event in the country's logistics and e-commerce sector. The two companies filed a joint pre-merger application under the Competition Act, 2010, which CCP assessed. Notably, it was a conglomerate merger without horizontal or vertical overlaps, meaning it posed no market dominance or competition concerns. Secure Logistics, a publicly traded company known for its logistics and security services, aims to leverage synergies and enhance service offerings by acquiring Trax Online, a private firm specializing in e-commerce logistics.
Sectors
- Logistics and Transportation
- E-commerce
Geography
- Pakistan – The transaction occurs within Pakistan's logistics and e-commerce market, involving local companies and overseen by the country's Competition Commission.
Industry
- Logistics and Transportation – This industry involves companies that provide transportation services for goods. Secure Logistics Group Ltd. operates in this sector, focusing on long-haul and medium-haul logistics.
- E-commerce – E-commerce involves the buying and selling of goods online. Trax Online offers logistics solutions specifically for this sector, catering to warehousing and last-mile delivery.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Trax Online (Pvt.) Ltd. | Target Company | Company | A private company focused on warehousing and last-mile delivery solutions for e-commerce clients. |
| Secure Logistics Group Ltd. | Buyer | Company | A publicly listed company operating in logistics, fleet management, and security services. |
| Competition Commission of Pakistan (CCP) | Government | Government | The regulatory authority reviewing and approving competition-related activities in Pakistan. |