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…
Michelman has acquired its Indian sales and service partner, Supack International and has appointed Supack’s founder, Pankaj Shah as the co-director of Michelman India. Following the acquisition in January 2015, Supack is an integral part of Michelman India, which is dedicated to the development of the Indian market, with an immediate focus on the growing…
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…
Global packaging company MeadWestvaco (MWV) has signed a Memorandum of Understanding (MoU) with the Gujarat government to invest INR 10bn ($183m) over the next three to four years. The latest investment will be used to expand the company’s production facility acquired as part of acquisition of Ruby Macons in November 2012. Besides purchase of the…
The flexible packaging manufacturer Positive Packaging, a part of Enpee Group, has acquired SGRE Labels, Bangalore. This acquisition of the label manufacturing business, which follows the recent integration of ICM Packaging, is part of Positive’s vision to become its customers’ preferred supplier. It provides the company with new label packaging equipment and infrastructure. “We have…
