EPL to merge with Indorama-backed Indovida in $2B packaging deal

Indian packaging company EPL agreed to merge with Indovida, the rigid packaging venture of Indorama Ventures, in a share-swap deal valuing the combined business at about $2 billion. Indorama will hold 51.8% of the combined company and Blackstone about 16.6%.

“The merged group will combine EPL's packaging operations with Indovida's plastics portfolio.”marketscreener.com

• 8 sources
• marketscreener.comIndia's EPL to merge with Indorama-backed Indovida in $2 billion packaging deal | MarketScreenerMar 29, 2026
• livemint.comBlackstone-backed EPL to merge with Indovida to make $2 billion packaging giant | Company Business NewsMar 29, 2026
• polimericanews.comMerger in rigid and flexible packagingMar 31, 2026
• packaging-journal.deEPL und Indovida fusionieren - packaging journalApr 1, 2026
• barandbench.comKhaitan, C&M, Trilegal, Simpson Thacher act on Blackstone-backed EPL - Indovida Packaging mergerApr 2, 2026
• packaginginsights.com

Summarized from public sources; check the original articles before acting on it.