MoneyWorks4Me

Essel Propack’s subsidiary bags long term contract for supply of tubes

06 Feb 2013 Evaluate

Essel Propack’s subsidiary in Poland has bagged long term contract from a leading multinational FMCG player for supply of tubes in Europe. Upon fully ramping up, this contract will contribute annually around Euro 15 million to the revenue. The faith of this leading FMCG player has reaffirmed the capability and leadership position of EP Poland in European tube market.

Essel Propack (EPL) is the world’s largest manufacturer of laminated tubes and has 23 facilities across 12 countries spanning across four continents. It is a specialized packaging company promoted by Essel Group headquartered in Mumbai.

Peers
Company Name CMP
Uflex 645.60
EPL 233.75
AGI Greenpac 719.30
Huhtamaki India 243.40
TCPL Packaging 3865.90
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