Systems Ltd will acquire Confiz

Systems Ltd (PSX: SYS), Pakistan’s largest listed technology and IT services exporter, has approved the acquisition of Confiz Pakistan (Pvt) Ltd in a transaction that will be executed through a court-sanctioned merger rather than a straightforward cash purchase.

In a notice to the Pakistan Stock Exchange dated 11 December 2025, Systems said its board – via resolutions passed through circulation on 10 December – had “considered and approved” the acquisition of Confiz Pakistan (Pvt) Ltd and “all its direct and indirect shareholdings in the Confiz Group of Companies” by way of an “amalgamation / merger” of Confiz “with and into” Systems.

Confiz, meanwhile, has also publicly confirmed that a definitive agreement has been signed. In a 11 December 2025 announcement published on its website, Confiz said it had entered into a definitive agreement to be acquired by Systems Ltd, describing Systems as “the region’s largest global IT services and consulting” organisation, and noting that the acquisition remains subject to customary regulatory and corporate approvals. Confiz framed the deal as a “strategic global expansion” move, and said it would continue operating as an independent business unit supported by talent hubs across multiple regions, adding that the combined entity will operate in “13+ countries”.