Australia based Amcor has acquired Uniglobe Packaging Private Limited, a packaging firm for $20.7Mn to expand market in India .
With this deal, Amcor will increase its facility in India from three to five plants.
Founded in 1999, Uniglobe Packaging provides packaging for the food, personal care and health sectors. Its clients include Hindustan Unilever and Cadbury India.
Amcor is a multinational packaging company with operations in operating across 30 countries and 89 plants. Amcor Flexibles operates as two independent business groups across two regions – Flexibles Europe and America’s and Flexibles Asia Pacific.
Recently, Amcor announced acquisition of The Aperio Group, a producers of flexible packaging products with 13 manufacturing facilities across Australia and New Zealand Thailand.
In this segment, Skanem Group is acquiring 51% stake in Interlabels Industries Private Limited, a Mumbai based printing and packaging company; while Sai Security Printers Pvt Ltd, a paper packaging company has raised $7 Mn from Aureos South Asia Fund for expansion.
Transaction Reference: FoodProductionDaily.com
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