---
title: "AkzoNobel completes sale of its Pakistani subsidiary to Packages Group"
description: "Most outlets reported the completion of AkzoNobel's sale of its Pakistani subsidiary to Packages Group, noting the involvement of IGI Investments (Pvt) Limited. The Nation and Business Recorder provided similar details, with the latter adding that Packages Group is one of Pakistan’s most diversified conglomerates. Both headlines and excerpts focused primarily on the transaction itself, with no additional framing or emphasis."
url: https://harzaviya.com/stories/11653-akzonobel-completes-sale-of-akzonobel-pak-to-packages-group
site: HarZaviya
language: en
---

# AkzoNobel completes sale of its Pakistani subsidiary to Packages Group

business · updated 1 Oct 2026, 5:41 AM PKT · 1 Oct 2026 · 2 articles from 2 outlets

**HarZaviya summary** — how 2 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets reported the completion of AkzoNobel's sale of its Pakistani subsidiary to Packages Group, noting the involvement of IGI Investments (Pvt) Limited. The Nation and Business Recorder provided similar details, with the latter adding that Packages Group is one of Pakistan’s most diversified conglomerates. Both headlines and excerpts focused primarily on the transaction itself, with no additional framing or emphasis.

## Same story from 2 outlets

Each outlet's own headline, most recent first — read any at its source.

- **Business Recorder** — [AkzoNobel completes sale of AkzoNobel Pak to Packages Group](https://www.brecorder.com/news/40442068/akzonobel-completes-sale-of-akzonobel-pak-to-packages-group) · 1 Oct 2026, 5:41 AM PKT
  > LAHORE: AkzoNobel has completed the sale of Akzo Nobel Pakistan Limited to IGI Investments (Pvt) Limited which is part of the Packages Group, one of Pakistan’s most diversified conglomerates. The transaction is based on a total enterprise value of approximately €50 million (PKR 16.2 billion), representing an EV/EBITDA multiple of 14x, and includes AkzoNobel’s Decorative Paints and Liquid Coatin...
- **The Nation** — [AkzoNobel completes sale of AkzoNobel Pakistan to Packages Group](https://www.nation.com.pk/01-Oct-2026/akzonobel-completes-sale-akzonobel-pakistan-packages-group) · 1 Oct 2026, 4:30 AM PKT · 93% identical wording to the newest filing
  > LAHORE - AkzoNobel has completed the sale of Akzo Nobel Pakistan Limited to IGI Investments (Pvt.

## Part of a bigger story

Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology).

- [IGI Holdings acquires majority stake in Akzo Nobel Pakistan](https://harzaviya.com/stories/11594-igi-investments-completes-rs15-25bn-acquisition-of-akzo) · 30 Sep 2026 · 2 outlets · 80% related
- [CCP approves IGI Investments’ stake acquisition in Akzo Nobel Pakistan](https://harzaviya.com/stories/4674-ccp-allows-igi-investments-to-acquire-stake-in-akzo-nobel) · 25 Aug 2026 · 2 outlets · 77% related

2 articles from 2 outlets, 1 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

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