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Jury and Audience Choice Awards: Indic Film Utsav 2022

Jury and Audience Choice Awards: Indic Film Utsav 2022
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Parksons Packaging acquires Manohar Packaging

‘The deal was signed in the range of 200-250 crore INR, said people in the know. The combined entity will have revenue of around 1,500 crore INR in FY22,’ Economic Times reported in an article. Following the transaction, Manohar Packaging CEO Aditya Patwardhan will remain at the company as part of its management team. Patwardhan said: ‘This is an outstanding opportunity to ....

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Parksons steps up growth potential with Manohar Packaging acquisition

The Indian folding carton industry is a fragmented lot. Even today, 50% of the industry is unorganised. The pundits say that a significant percentage of the unorganised sector will transform into the organised. Siddharth Kejriwal, managing director at Parksons Packaging, says, "If it's 50:50 today, we expect it will be in the ratio of 70:30 in favour of the organised market. This should lead to fair and better margins for the industry." Parksons' acquisition of Manohar Packaging should be vi ....

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Packaging major Parksons acquires Manohar

India's largest folding carton manufacturer, Parksons Packaging, has acquired Manohar Packaging's 100% operations. The acquisition includes Manohar's Goa and Punjab plants and is part of Parksons' inorganic growth. Manohar Packaging will now be a wholly-owned subsidiary of Parksons. ....

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