Parksons Packaging takes home PrintWeek Company of the Year Award

During the PrintWeek Awards Night, held on 23 September 2024 at the Westin Mumbai Powai Lake, 55 Award Prisms were received by 41 printing companies and one student. Close to 350 representatives from the print and packaging companies witnessed the Award winners take home the coveted PrintWeek Awards Prisms.

Parksons journey to this crowning achievement began back in May 2021, when Parksons Packaging underwent a transformation following a majority stake acquisition by US-based private equity firm Warburg Pincus. Since then, the company has been on a roll in the mono-carton space, asserting its dominance with gusto.

By strategically acquiring Manohar Packaging and MK Print Pack, Parksons Packaging has expanded its footprint and capabilities, with manufacturing facilities spread across Gujarat, Daman, Haridwar, and beyond. The acquisition of Fortuna Packaging has further solidified Parksons Packaging's standing as a heavyweight in paper packaging.

Ramesh Kejriwal, chairperson of Parksons Packaging, accepted the accolade, stating, "I would like to extend my heartfelt thanks to the esteemed jury of PrintWeek Awards for bestowing us with this prestigious honour. This victory truly belongs to the 2,500-plus superheroes in our company – they are the real MVPs."

Kejriwal also underscored the company's unwavering commitment to corporate governance, compliance, and safety measures, in addition to its groundbreaking initiatives in embracing private equity culture and spearheading merger and acquisition activities within the industry. "We take immense pride in pioneering the introduction of private equity culture in 2006, and subsequently forging significant partnerships with private equity firms. Furthermore, our pivotal role in driving mergers and acquisitions has set the stage for industry consolidation, earning us well-deserved respect. Beyond our technological prowess, these initiatives have left an indelible mark on the industry, elevating its stature. We are resolute in our determination to uphold this momentum in the times ahead."

The PrintWeek Company of the Year Award is a testament to Parksons Packaging's unwavering pursuit of excellence and innovation. As the company continues to steer the course in the printing and packaging realm, its influence on the industry is poised to echo through the annals of time.

Cheers to Parksons Packaging for printing their way to the top.