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New Deal


Announced

Advent-backed Manjushree Technopack to acquire National Plastics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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dispenser systems

Majority

Friendly

Acquisition

Pending

Machinery: Specialty

Private

India

Private Equity

Single Bidder

Synopsis

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Advent-backed Manjushree Technopack, India's largest rigid plastic packaging company, agreed to acquire National Plastics, one of the largest firms in spraying and dispensing systems and solutions in India. Financial terms were not disclosed. This is the first acquisition by MTL since Advent bought a majority stake in the company last year. Through this deal MTL will expand its offerings to clients, by adding adjacent categories like dispensers and sprayers to its existing product portfolio –containers and preforms.

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