The Competition Commission of Pakistan (CCP) granted approval for the acquisition of 50 percent share-holding in M/s. Total Parco Pakistan Limited (TPPL) by M/s. Aquashore SA, a company operating under Switzerland’s Gunvor Group.
According to the sale and purchase agreement, the shares will be transferred from TotalEnergies Marketing Services to Aquashore SA. As Aquashore SA prepares to expand its operations in Pakistan, this acquisition strengthens its global business footprint.
These transactions highlight the growing interest of global energy giants in Pakistan’s dynamic energy sector.
Gunvor Group, one of the world’s premier commodities trading companies, brings vast experience in trading and logistics. Through this transaction, Gunvor aims to enhance operational logistics, safety standards, and competitive solutions that bridge global energy supply and demand.
Gunvor’s vast experience in commodities trading and logistics provides Aqusahore SA with a strategic advantage, aligning well with Pakistan’s expanding demand for efficient and secure energy solutions.
