Announced
Financials
Sources
Tags
dispenser systems
Majority
Friendly
Acquisition
Pending
Machinery: Specialty
Private
India
Private Equity
Single Bidder
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.