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Huhtamaki PPL acquires flexible packaging business of Mohan Mutha Polytech

10 Jan 2020 Evaluate

Huhtamaki PPL has completed the acquisition of flexible packaging business of Mohan Mutha Polytech located in Sri City, Andhra Pradesh on a slump sale basis, in terms of the Business Transfer Agreement dated September 30, 2019 entered by the company with Mohan Mutha Polytech.

Huhtamaki PPL (Formerly: Paper Products) manufactures laminated and coated paper, metallised and polyethylene films, for flexible packaging. The company forayed into value added products like printed labels and cartons, in late nineties.  

Peers
Company Name CMP
Uflex 582.00
EPL 218.45
AGI Greenpac 652.25
Huhtamaki India 239.75
TCPL Packaging 4403.35
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