Pakistan Aluminium Beverage Cans Limited (PABC) has announced that its Board of Directors has approved the acquisition of a 60% stake in the Alfalah Agri-Cultivation Fund – I, a private equity fund, for Rs. 621 million.
The units are being acquired from Liberty Mills Limited, an associate of PABC.
The Alfalah Agri-Cultivation Fund – I is focused on modern, mechanized, and sustainable corporate farming projects in Pakistan. Its investment in Terra Crop Innovations (Pvt) Ltd, located in the Cholistan Desert, is expected to enhance food security, promote agricultural exports, and support import substitution in the country.
The transaction is subject to customary procedures, and PABC’s board has authorized company representatives to take all necessary steps to implement the deal.
This move follows PABC’s earlier disclosure, on October 30, 2025, of plans to construct a new beverage can manufacturing facility in Afghanistan.
The proposed plant will have a capacity of 1.3 billion cans and an estimated capital outlay of around $110 million, pending regulatory and customary approvals.
Both initiatives are part of PABC’s strategic roadmap to diversify and expand its business operations. The company has stated that further details will be shared in due course.
