Acquiring Company
Centre 1 Bancorp
Acquired Company
Pioneer Cement
PunjabManufacturingConstructionBuilding MaterialManufacturingMiningConstructionBuilding MaterialIndustrialDescription
Maple Leaf Cement has announced its acquisition of 26.6 million shares, amounting to 11.72% of the total share capital of Pioneer Cement at a price of Rs478.43 per share. This acquisition gives Maple Leaf Cement effective control over Pioneer Cement. The move comes amid a rally in the Pakistan stock market, indicating strong investor confidence.
Quick answer
Centre 1 Bancorp is acquiring Pioneer Cement, announced December 19, 2025.
- How much did Centre 1 Bancorp pay for Pioneer Cement?
- The deal value was not disclosed.
- What does Centre 1 Bancorp do?
- Centre 1 Bancorp, Inc. is the parent company of The First National Bank and Trust Company, a nationally chartered bank.
- Where are Centre 1 Bancorp and Pioneer Cement based?
- Pioneer Cement is based in Punjab, Pakistan.
- Who are the decision-makers at Centre 1 Bancorp?
- Fundz holds 2 contacts at Centre 1 Bancorp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Construction and Building Material
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Holcim acquires majority stake in Cementos Pacasmayo (December 16, 2025)
- Volvo CE completes acquisition of Swecon (February 1, 2026)
- European Lithium fully acquires Velta Holding (January 27, 2026)
- Holcim acquires French precast maker Alkern (January 6, 2026)
- Commercial Metals acquires Foley Products for $1.84B, $1.8B (December 15, 2025)
- Boise Cascade completes acquisition of Holden Humphrey (December 15, 2025)
Who to call at Centre 1 Bancorp, and when
When Centre 1 Bancorp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Centre 1 Bancorp raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Centre 1 Bancorp, from your own LinkedIn network
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Frequently asked
Who acquired Pioneer Cement?
Pioneer Cement was acquired by Centre 1 Bancorp. The deal was reported on December 19, 2025. Centre 1 Bancorp, Inc. is the parent company of The First National Bank and Trust Company, a nationally chartered bank. The organization emphasizes a legacy of trust and service while focusing on community care. Centre 1 Bancorp is privately held and operates in Manufacturing.
When did Centre 1 Bancorp acquire Pioneer Cement?
Centre 1 Bancorp's acquisition of Pioneer Cement was reported on December 19, 2025. Maple Leaf Cement has announced its acquisition of 26.6 million shares, amounting to 11.72% of the total share capital of Pioneer Cement at a price of Rs478.43 per share. This acquisition gives Maple Leaf Cement effective control over Pioneer Cement. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pioneer Cement do?
Pioneer Cement is a prominent cement manufacturing company in Pakistan, engaged in the production and sale of cement products. With advanced manufacturing technology, it plays an essential role in supplying the construction industry. It is privately held, operating in Manufacturing, and is based in Punjab.
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