Maple Leaf Cement Factory Limited acquires Pioneer Cement Industries

Maple Leaf Cement Factory Limited agreed to acquire Pioneer Cement Industries. Reported deal value: Undisclosed. Status: Completed. Sector: Cement. Target headquarters context: Al Ghail Industrial Area, Ras Al Khaimah, United Arab Emirates.

This page summarizes publicly available information about the transaction as of 2026-02-23. Figures and status may change as filings and press coverage update.

Islamabad Sets Up 7 Ramazan Bazaars for Public Relief Following the completion of these transactions, Maple Leaf Cement and its associated entities now collectively own 88 .28% of Pioneer Cement , officially making Pioneer Cement a subsidiary of Maple Leaf Cement Factory Limited and marking a significant consolidation in Pakistan cement industry