ISLAMABAD: P&G will wind down manufacturing and commercial activities in Pakistan as it transitions to a distributor model in the South Asian country, the American multinational firm said on Thursday.
The move, in line with P&G’s global efforts to accelerate growth and value creation, will see the company shift its business and operating model in Pakistan, according to a P&G statement.
The Ohio-based consumer goods corporation will cut down manufacturing of P&G Pakistan and Gillette Pakistan Ltd. and serve consumers from our “other operations in the region.”
“We will continue to operate the business in the ordinary course until the process is complete, which may take several months,” P&G said in a statement.
“Supporting this Company decision, P&G Pakistan and the supporting regional teams will begin transition planning immediately, with a focus first on P&G people.”
