Huhtamaki PPL completes acquisition of Positive Packaging Industries
31 January 2015
Huhtamaki PPL has completed the acquisition of 100% of the shares of Positive Packaging Industries, India. This is in accordance with the Share Purchase Agreement dated, July 08, 2014.
Positive Packaging Industries, India is a flexible packaging company with an annual turnover of approximately Rs 1,000 crore.
Huhtamaki PPL is a leading consumer packaging company in India. The company offers a wide portfolio of packaging solutions that includes flexible packaging, labeling technologies and specialized cartons.
Source:http://money.livemint.com/