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Uflex enters into an agreement with Flex Chemicals

10 Dec 2018 Evaluate

Uflex has entered into an agreement to acquire 100% equity shares of Flex Chemicals, a company incorporated in Russia. The acquisition will complement the existing chemical business of the company and will be dealing in industrial ink and related products. The company is yet to commence its commercial operations.

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 581.55
EPL 215.10
AGI Greenpac 717.30
Huhtamaki India 229.65
TCPL Packaging 4100.60
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