Neopac buys a majority stake in Mumbai’s 3D Technopack

Switzerland-based Hoffmann Neopac, a leading supplier of tube packaging catering to the global pharmaceutical and cosmetics industries, has acquired a majority stake in Mumbai-based 3D Technopack for an undisclosed sum.

14 Nov 2017 | By Sujith Ail

With around 220 employees, the company produces around 120 million tubes per year.
 
The acquisition will allow Hoffmann to enhance its expertise in tube manufacturing, as well as expanding its presence in international market.
 
This investment strengthens the company’s international market presence and expands its expertise in tube manufacturing. 
 
According to a company press release, the funding provided by Neopac will be used to expand capacity in 3D’s core extruded tube
business as well as the launch of a new tube generation pioneered by 3D Technopack which
allows unlimited decoration.
Tags : Neopac,3D Technopack;