Indorama Ventures' Indovida and Blackstone-backed EPL agree merger in packaging

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. The combined platform is valued at about $2 billion, and completion is expected within 12 months. The deal value is not disclosed.

“Индия Essel Propack Limited и Indovida India Private Limited подписали соглашение о слиянии, которое было одобрено советами директоров компаний и подлежит утверждению регулирующими органами и акционерами.”plastinfo.ru

• 1 source
• plastinfo.ruIndovida и EPL объединились для увеличения доли на рынке потребительской упаковкиMay 26, 2026

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