Announced
Completed
Financials
Sources
Tags
Acquisition
Completed
Friendly
India
Private Equity
Containers and Packaging
Single Bidder
Majority
packaging company
Domestic
Private
folding cartons
Synopsis
Warburg Pincus backed Parksons Packaging, an industrial packaging solutions provider, completed the acquisition of MK Printpack, a manufacturer of paper and foldable cartons. Financial terms were not disclosed. “We are thrilled to welcome MK Printpack to the Parksons family. We look forward to leveraging MK Printpack’s expertise in manufacturing ‘high quality micro flute cartons’ by using its large format printing capability and strategically located manufacturing facilities in Haridwar and Gujarat along with the pharma packaging focused facility in Daman. This acquisition will provide more value to our customers and enhance our ability to serve clients efficiently across the country, giving us access to new growth opportunities," Siddharth Kejriwal, Parksons Packaging Managing Director.
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