# Amcor Flexibles to acquire Essel Propack's Packaging India business

Amcor Flexibles' Indian subsidiary is set to acquire Essel Propack's 100% owned Packaging India Pvt. Ltd, a flexible packaging maker with plants in Tamil Nadu and Uttarakhand, for full cash consideration with an enterprise value of Rs 165 crores.

- Type: Acquisition
- Announced: 2023-12-07
- Where: India
- Value: $19.8M (1.65B INR)
- Status: announced
- Products: flexible packaging, personal care and food packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Amcor Flexibles](https://endata.com/companies/1190.md) (acquirer)
- [Essel Propack](https://endata.com/companies/3927.md) (partner)
- [Packaging India Pvt. Ltd](https://endata.com/companies/11330.md) (target)

## Sources

- [valdamarkdirect.com](https://www.valdamarkdirect.com/blogs/knowledge-base/amcor-flexibles-takes-over-essel-propack), 2023-12-07: "It's interesting to note that the enterprise value of the divested business stands at Rs 165 crores."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.