Competition Agency Publishes Filing: My Boutique Holding Seeks Approval to Acquire 76% of Apotheca Trading

The Competition Protection Agency (CPA) has published a notice that My Boutique Holding Company, a single person company, has applied for approval of an economic concentration: the acquisition of 76% of the shares of Apotheca Trading Company W.L.L. The notice appears in the Official Gazette Kuwait Al-Youm, Issue 1805, page 173, dated 23 August 2026.

According to the notice, the acquirer's activity is managing its subsidiaries, participating in the management of companies in which it holds shares, and providing them with support. The target's activity is import, export and commission agency. An economic concentration is the competition law term for a deal that gives one party control over another, and deals above the legal thresholds need CPA approval before closing.

The filing was made under Law No. 72 of 2020 on the protection of competition and Article 83 of its Executive Regulations (Decision No. 14 of 2021, as amended). Under that article, any interested party may submit a reasoned objection to the concentration within fifteen days of the notice, which runs to 7 September 2026. Objections are filed on the form available on the CPA website, with the prescribed fee, and are received at the Agency's offices on the 14th floor of Al-Hamra Tower.

WEFAQ's view: the CPA continues to apply merger control well beyond industrial and financial deals; this filing sits squarely in the consumer and retail space. Parties to Kuwaiti acquisitions should treat CPA clearance, including the fifteen-day publication window, as a standing item in every deal timetable, and competitors or suppliers affected by a deal should remember the objection route exists and is short.