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Huhtamaki PPL concludes acquisition of Positive Packaging Industries

31 Jan 2015 Evaluate

Huhtamaki PPL has completed the acquisition of 100% of the shares of Positive Packaging Industries, India. This is in accordance with the Share Purchase Agreement dated, July 08, 2014.

Positive Packaging Industries, India is a flexible packaging company with an annual turnover of approximately Rs 1,000 crore.

Huhtamaki PPL is a leading consumer packaging company in India. The company offers a wide portfolio of packaging solutions that includes flexible packaging, labeling technologies and specialized cartons.

Peers
Company Name CMP
Uflex 659.00
EPL 238.90
AGI Greenpac 745.50
Huhtamaki India 244.75
TCPL Packaging 3863.20
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