Amcor Flexibles India has recently acquired Packaging India Private Limited (PIPL) from Indian collapsible tubes and laminates manufacturer Essel Propack in a $26.4m deal. The deal comes as Essel Propack is planning to focus on core tube packaging by exiting the non-core adhesive lamination packaging business. The core tube packaging business is said to have…
Nutech Print Services acquired Baba Barkha Nath Printers (BBN) to form Nutech Print Services – India. The acquisition was recently closed with Timmy Kuthiala, former MD at BBN Printers, joining as the Vice President- Operations at Nutech Print Services – India. The acquisition represents a pooling of skills and resources, as Nutech Print Services acquires…
Bosch Packaging Technology and Klenzaids Contamination Controls have recently entered into a joint venture of operations. The two partners’ aim to extend their global reach, particularly in liquid pharmaceuticals and packaging machines for clean-room environments. The jointly run company will employ some 380 associates. Both product brands, Bosch and Klenzaids, will continue to exist. The JV…
The international IMA Industria Macchine Automatiche S.p.A. (IMA Group) has acquired the operating business of Oystar Group, a globally leading producer of packaging machines, from private equity firm Odewald. The operating companies of Oystar Group – Benhil, Erca, Gasti, Hamba and Hassia – will be transferred into the newly founded holding company IMA Dairy and Food….
Huhtamaki Oyj, the Finland-based packaging company, will acquire Positive Packaging for a debt-free purchase price of Rs 2,009 crores in a bid to strengthen its position in the fast-growing emerging markets. Positive Packaging is part of the Enpee group of companies, promoted by N P Kirpalani, a non-resident Indian based in Nigeria. It has nine manufacturing facilities…
