comparemela.com

Latest Breaking News On - Chaitanya kejriwal - Page 1 : comparemela.com

Who will make the cut? PrintWeeks May edition to reveal top 100

In March 2024, PrintWeek revealed the highly awaited shortlist for its esteemed Power 100. The polling period spanned from 15 March to 30 March, accumulating an impressive tally of over 10,000 votes.

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

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.

Warburg acquires majority stake in Parksons Packaging

Warburg acquires majority stake in Parksons Packaging US-based private equity firm Warburg Pincus’ affiliate Green Fin Investments BV has acquired a majority stake in Mumbai-based folding carton giant Parksons Packaging. Siddharth Kejriwal: We are excited to partner with Warburg Pincus in our next phase of growth As part of the transaction, the company’s existing private equity investors Kedaara Capital AIF 1, Olza Holdings and IIFL have completely exited their investment in Parksons; the Kejriwal family (founder family) has sold a partial stake. Ramesh, Siddharth and Chaitanya Kejriwal will continue to retain their current positions of chairman, managing director and joint managing director, respectively, and will drive the business going forward. Credit Suisse acted as the exclusive financial advisor to the sellers and its affiliates.

Warburg Pincus acquires majority stake in Indian carton maker Parksons

Warburg Pincus acquires majority stake in Indian carton maker Parksons April 26, 2021 Green Fin Investments B.V., an affiliate of global PE firm Warburg Pincus, has acquired a majority stake in Indian folding carton manufacturer Parksons Packaging, according to an announcement. As part of the transaction, Kedaara Capital, Olza Holdings and IIFL have fully exited their investment in Parksons, while the founding Kejriwal family has sold a partial stake. Ramesh Kejriwal, Siddharth Kejriwal and Chaitanya Kejriwal will continue to retain their current positions of chairman, managing director and joint managing director, respectively. The transaction value was not disclosed. Credit Suisse acted as the exclusive financial advisor to the sellers and its affiliates.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.