--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20241112-maple-leaf-cement-makes-aggressive-bid-for-agritech/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Maple Leaf Cement makes aggressive bid for Agritech Publication Date: 2024-11-12T17:00:59-05:00 Last Updated: 2024-11-11T18:22:38-05:00 Author: Editors (https://www.fertilizerdaily.com/author/fertilizereditors/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/) ![Maple Leaf Cement makes aggressive bid for Agritech](https://www.fertilizerdaily.com/wp-content/uploads/2024/11/agritech-fertilizer-plant.jpeg) MLCF seeks controlling stake in fertilizer firm, challenging Fauji Fertilizer’s competing offer. Maple Leaf Cement Factory Ltd (MLCF) announced a significant move into Pakistan’s fertilizer industry by submitting a bid to acquire 160.76 million shares in Agritech Limited (AGL)![](https://www.fertilizerdaily.com/wp-content/uploads/2024/11/agtitech.png) at PKR 39.00 (USD 0.14) per share. The acquisition would give MLCF a 37.86% stake in AGL, countering Fauji Fertilizer Company Ltd’s (FFC) recent offer of PKR 38.84 per share for a slightly smaller shareholding of 35.56%. MLCF ![](https://www.fertilizerdaily.com/wp-content/uploads/2024/11/maple-leaf-cement-logo.png)currently holds a 15.18% share in AGL, with an additional 9.11% held by its affiliate, Maple Leaf Capital Ltd (MLCL). Combined, this acquisition would give MLCF and MLCL a controlling interest in AGL, positioning MLCF as a key player in the sector alongside its established cement production operations. MLCF operates Pakistan’s largest cement production site, with an annual clinker capacity of 7.8 million tons, under the umbrella of the Kohinoor Maple Leaf Group. For professionals in the sector, this signals MLCF’s strategic expansion beyond cement into agribusiness, enhancing its presence in Pakistan’s agricultural supply chain and challenging FFC’s industry standing. Tags: [acquisition](https://www.fertilizerdaily.com/tag/acquisition/), [agribusiness](https://www.fertilizerdaily.com/tag/agribusiness/), [Agritech Limited](https://www.fertilizerdaily.com/tag/agritech-limited/), [Fauji Fertilizer Company](https://www.fertilizerdaily.com/tag/fauji-fertilizer-company/), [fertilizer industry](https://www.fertilizerdaily.com/tag/fertilizer-industry/), [Maple Leaf Capital](https://www.fertilizerdaily.com/tag/maple-leaf-capital/), [Maple Leaf Cement](https://www.fertilizerdaily.com/tag/maple-leaf-cement/), [Pakistan](https://www.fertilizerdaily.com/tag/pakistan/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.