Manjushree Technopack acquires Pearl Polymers

Acquisition to strengthen rigid packaging segment

Manjushree Technopack
Through this deal Pearl Polymer will focus and grow the well-known PearlPET brand to new levels and expects to launch new product lines in future. Photo - Pearl Polymer

Bangaluru based Manjushree Technopack (MTL), India’s largest rigid plastics packaging company backed by Advent International, announced entering into a Business Transfer Agreement with Pearl Polymers to acquire commercial operations and manufacturing facilities of their B2B vertical. This transaction is subject to customary closing conditions and regulatory approvals. According to the…

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Naresh Khanna
Editor of Indian Printer and Publisher since 1979 and Packaging South Asia since 2007. Trained as an offset printer and IBM 360 computer programmer. Active in the movement to implement Indian scripts for computer-aided typesetting. Worked as a consultant and trainer to the Indian print and newspaper industry. Visiting faculty of IDC at IIT Powai in the 1990s. Also founder of IPP Services, Training and Research and has worked as its principal industry researcher since 1999. Author of book: Miracle of Indian Democracy.