Huhtamaki All Set To Acquire Positive Packaging

Huhtamaki Oyj, the Finland-based packaging company, will acquire Positive Packaging for a debt-free purchase price of Rs 2,009 crores  in a bid to strengthen its position in the fast-growing emerging markets. Positive Packaging is part of the Enpee group of companies, promoted by N P Kirpalani, a non-resident Indian based in Nigeria. It has nine manufacturing facilities…

Constantia Flexibles Acquires 60% Stake In Parikh Packaging

Constantia Flexibles Group headquartered in Vienna, Austria, has signed an agreement to acquire 60% stake in Ahmedabad-based Parikh Packaging. The company caters to flexible packaging for pharmaceutical and food sectors and has clients in India, UK, US, South African, African Continent, Middle East and the Far East, Sri Lanka, Canada, New Zeland, UAE, Egypt, Yeman,…

Positive Packaging Acquires SGRE Labels- Bangalore

The flexible packaging manufacturer Positive Packaging, a part of Enpee Group, has acquired SGRE Labels, Bangalore. This acquisition of the label manufacturing business, which follows the recent integration of ICM Packaging, is part of Positive’s vision to become its customers’ preferred supplier. It provides the company with new label packaging equipment and infrastructure. “We have…