Islamabad — The Competition Commission of Pakistan (CCP) has cleared the acquisition of shares in TCS Logistics (Private) Limited by Nippon Express (South Asia & Oceania) Pte. Limited, part of Japan’s Nippon Express Holdings.
Nippon Express, a global logistics leader headquartered in Tokyo, operates its South Asia and Oceania business through its Singapore-based subsidiary. Meanwhile, TCS Logistics is a prominent player in Pakistan’s third-party logistics (3PL) industry.
Following a Phase-I review under the Competition Act, 2010, the CCP determined that the transaction does not pose any risk of substantial lessening of competition. The combined market share of both companies remains negligible, meaning the acquisition will not affect fair competition in the market.
The CCP further highlighted that the deal could benefit Pakistan’s logistics sector by introducing advanced expertise, improved operational standards, and better service quality through international collaboration. The regulator also confirmed that the acquisition does not create or reinforce barriers to new entrants in the market.
Consequently, the CCP authorized the transaction under Section 31 of the Competition Act, 2010, paving the way for enhanced collaboration in Pakistan’s logistics industry.
