Indovida and EPL agree merger in packaging

Essel Propack (EPL) and Indovida India agreed to a merger, with Indorama Ventures to own 51.8% of the combined company, valued at about $2 billion.

“Essel Propack (EPL) and Indovida India agreed to a merger, to be approved by regulators and shareholders, with Indorama Ventures to own 51.8% of the combined company.”endata.com

• 1 source
• endata.comIndorama Ventures' Indovida and Blackstone-backed EPL agree merger in packaging · EndataMay 26, 2026

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