Packages Limited, also known as Packages Group, is a Lahore-based Pakistani multinational conglomerate and a leading provider of packaging solutions. Founded in 1956 as a joint venture between the Ali Group of Pakistan and Sweden's Akerlund & Rausing, it began with folding carton production and has grown into one of Pakistan's largest diversified groups.
Listed on the Pakistan Stock Exchange (PKGS), the company operates as an investment holding entity with subsidiaries and associates spanning packaging, paper & board, printing inks, flexible films (BOPP/CPP), tissue products, corn-based starches, industrial minerals, and pharmaceuticals. Key subsidiaries include Bulleh Shah Packaging, Tri-Pack Films, DIC Pakistan (inks), OmyaPack, and Hoechst Pakistan. Its products serve industries such as food, personal care, pharmaceuticals, and construction.
In 2026, through affiliate IGI Investments, Packages Group agreed to acquire AkzoNobel Pakistan Limited, primarily a decorative paints business, for approximately €50 million, expanding its portfolio in coatings-related activities.
None yet. When a new project in the record names Packages Group as owner, partner or investor, it shows here.
Pakistan Decorative Paints and liquid coatings business sold for about €50m (PKR16.2bn) at 14x EV/EBITDA; transaction part of a regional portfolio refocus.
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.
