Plastics and Polymersworld trade 2024+3.9% 5Y CAGR
Mar 30, 2026ACQUISITIONIndia Indorama Ventures to merge Indovida India into EPL Limited in packaging deal
Indorama Ventures' board approved merging its Indovida India packaging unit into listed EPL Limited, with Indorama expected to hold about 51.8% of EPL after completion. The total transaction value is about INR 62,558 million, and completion is expected within 12 months.
Productslaminated plastic tubesPET preformsbottlesclosures
“EPL and Indovida have signed definitive agreements to merge forming a $1 billion revenue entity, with a combined valuation of ~$2 billion.”beta.indoramaventures.com
- 3 sources
- beta.indoramaventures.comIndorama Ventures | EPL and Indovida to Merge to Create a Leader in Consumer Packaging for Emerging MarketsMar 30, 2026
- polymerupdate.comPolymerupdate Press Release - Indorama Ventures: Proposed Merger of IndovidaIndia Private Limited (a Packaging Business) with EPL LimitedMar 30, 2026
- kaohooninternational.comIndorama Ventures Announces Strategic Merger to Create Emerging Markets Packaging Powerhouse - KAOHOON INTERNATIONALMar 30, 2026
Summarized from public sources; check the original articles before acting on it.
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