IGI Investments (Pvt.) Limited is a private investment holding company based in Karachi, Pakistan. Incorporated on October 31, 2016, it serves as a wholly owned subsidiary of IGI Holdings Limited, part of the diversified Packages Group conglomerate.
The company manages a substantial portfolio of strategic investments, with assets exceeding PKR 50 billion, focused on equity holdings in various sectors across Pakistan. It does not hold fixed-income instruments, emphasizing long-term investments in listed and unlisted entities.
Recently, IGI Investments signed a share purchase agreement to acquire approximately 98.31% of AkzoNobel Pakistan Limited, a decorative paints and coatings manufacturer, for an enterprise value of PKR 16.2 billion (≈€50 million). The deal, subject to regulatory approvals, is expected to close in the second half of 2026 and marks its entry into the chemical industry.
Deal values unit at PKR 16.2bn (~€50m) at 14x EV/EBITDA. Includes Decorative Paints; Future Coatings will pay royalties. Closing expected H2 2026, subject to conditions.
