The Competition Committee has approved the sale of SDK Group And, a manufacturer of filters for motor oils and lubricants, to the UAE’s Naphtha Group LLC-FZ, stating that the deal does not impact market competition. According to the committee, Naphtha Group specializes in the sale of oil and petroleum products across multiple foreign markets.

A special commission within the committee determined that the economic concentration resulting from the transaction would not affect market competition. Based on this assessment, the regulatory authority approved the deal.

According to data from the Unified State Register of Enterprises and Organizations, SDK Group And was established in 2009 and is headquartered in Shakhrikhan, Andijan region. The company manufactures oil, fuel, and air filters for automobiles and specialized machinery under the Filtr.uz brand.

The company’s authorized capital stands at $6.88 million. Previously, its sole founder was the British firm Flexton System Co.; it is now fully owned by Naphtha Group LLC-FZ.

In 2024, the Competition Committee reviewed 139 applications related to economic concentration transactions. Of these, 96 deals, amounting to 18 trillion UZS, were approved, while only six were rejected.

For instance, in December, the committee approved the transfer of a 100% stake in the IT company Itransition to a new parent entity based in London. Additionally, it sanctioned the acquisition of stakes in two agricultural companies by the Tashkent-based firm Mall Estate.