The year in review: 2018's top business news
The Top 10 investment and acquisition news of 2018
18 Dec 2018 | 4546 Views | By WhatPackaging? Team
Exhibiting at PlastIndia, Constantia Flexibles has announced an investment of Rs 100-crore in the expansion of production capacity at its Indian subsidiary Parikh Packaging, in Ahmedabad, Gujarat. |
In a bid to further strengthen its label business, Mumbai-based Huhtamaki PPL (HPPL) has entered into a business transfer agreement for the acquisition of Ajanta Packaging in India. |
Constantia Flexibles Group has announced that it will acquire a majority shareholding in Kolkata-based Creative Polypack. |
The USD 40 billion packaging market in India with a fragmented supply side consisting of over 30,000 vendors has a feisty new kid on the block. |
Divesting its BOPP films business, the Italian investor M&C, owner of Treofan Holdings has sold its controlling stake in Treofan Europe to Jindal Films. |
Australia’s packaging major Amcor announced that it will acquire US-based Bemis Company in a USD 6.8 billion deal, expecting to create combined revenues of USD 13billion and EBITDA of USD 2.2 billion. |
Emami Paper Mills will invest Rs 2,000 crore to set up a 4,50,000 tonnes per annum greenfield multi-layer coated packaging board manufacturing plant at Bharuch in Gujarat. |
Private equity firm Advent International has invested in Bengaluru-based Manjushree Technopack in partnership with the founding Kedia family. As part of the transaction, Advent has purchased all the shares owned by Kedaara Capital and a portion of the Kedia family’s stake in Manjushree Technopack. |
A dream project and a relentless two-year pursuit in setting up the 2,50,000 sqft greenfield factory at Amreli in Rajkot, has made Balaji Multiflex one of the most-modern and sophisticated flexible packaging plants in the country, says Rushikesh Aravkar. |
The beverage can specialist Canpack India, a subsidiary of Krakow-based Canpack Group, has inaugurated a new plant located in Nuh, Haryana. This is Canpack’s second beverage cans manufacturing plant in India. |