Manjushree Technopack acquires Pearl Polymers

Acquisition to strengthen rigid packaging segment

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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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