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Uflex shuts down its Brazil subsidiary

21 Apr 2017 Evaluate

Uflex (formerly Flex Industries) has closed down its wholly owned subsidiary in Brazil on account of change in strategy. The company had incorporated Flex P Films (Brasil) Comercio De Films Plasticos in Brazil with the main objective of undertaking the sales and marketing activities of a wide range of plastic films produced by the Uflex group.

Uflex is India’s largest multinational flexible packaging materials and Solution Company and an emerging global player. Since its inception back in 1985, Uflex has grown from strength to strength to evolve as a truly Indian Multinational with consumers spread across the world.

Peers
Company Name CMP
Uflex 621.80
EPL 230.55
AGI Greenpac 786.00
Huhtamaki India 227.90
TCPL Packaging 4075.05
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