Muhammad Farrukh moves to acquire controlling stake in Al Shaheer Corporation

The bid for a 53.5% share in the Pakistani meat exporter signals a major shift in ownership and strategic direction for the firm.

By Handelsavisen Newsroom · Automated 2026-06-30 08:27 UTC · 1 min read

Muhammad Farrukh, chief executive of Unity Packages and Unity Feeds, has announced his intention to acquire a controlling 53.5% stake in Al Shaheer Corporation Limited (ASC).

The move marks a significant change in ownership for the Pakistani meat exporter, positioning Farrukh to reshape the company's strategic trajectory.

The acquisition bid represents a consolidation of influence within Pakistan's agribusiness sector.

Farrukh, who leads Unity Packages and Unity Feeds, is set to become the majority shareholder in ASC, a key player in the country's meat export industry.

The transaction underscores growing interest in consolidating market share among major food producers in the region.

This development follows earlier reports indicating Farrukh's plans to take control of ASC.