Pakistan Aluminium Beverage Cans Limited (PABC) has approved the acquisition of 60% of the units of Alfalah Agri-Cultivation Fund – I, a private equity fund, from Liberty Mills Limited, an associate of PABC, for Rs621 million. The move was disclosed in a filing on the Pakistan Stock Exchange (PSX) today and forms part of the company’s broader strategic growth initiatives.
The Alfalah Agri-Cultivation Fund focuses on modern, mechanized, and sustainable corporate farming projects in Pakistan. One of its key investments is in Terra Crop Innovations (Pvt) Ltd, a project based in the Cholistan Desert. This initiative aims to strengthen food security, enhance agricultural exports, and support import substitution, reflecting the fund’s commitment to sustainable agricultural development.
The completion of the acquisition will follow standard regulatory and customary procedures. The Board of PABC has authorized the company’s representatives to undertake all necessary steps to finalize the transaction.
This acquisition aligns with PABC’s strategic roadmap, which includes diversifying its portfolio and supporting innovative projects with potential for long-term impact. Previously, on 30 October 2025, PABC had also disclosed Board approval to establish a new beverage can manufacturing facility in Afghanistan. The facility is projected to have an annual production capacity of 1.3 billion cans, with an estimated capital expenditure of approximately $110 million, subject to regulatory approvals.
These strategic investments signal PABC’s commitment to both expanding its core business operations and participating in sectors that contribute to sustainable economic growth in Pakistan. By integrating modern agricultural ventures into its portfolio, PABC is positioning itself as a forward-looking company bridging industrial and agricultural development.
The acquisition in Alfalah Agri-Cultivation Fund demonstrates a focus on long-term value creation, leveraging mechanized farming and innovative agricultural solutions to meet the growing demand for food security and export-oriented agricultural products in the country.
Overall, PABC’s ongoing initiatives reflect a proactive approach to growth, innovation, and sustainability, while maintaining alignment with the company’s broader vision of sectoral diversification and strategic investments.
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