# Oricon Enterprises to sell 51% stake in Oricon Packaging to Pelliconi

Oriental Containers will sell a 51 percent stake in Oricon Packaging to Pelliconi & C.S.P.A. for about 4.19 billion rupees under a business transfer agreement signed by Oricon Enterprises.

- Type: Acquisition
- Announced: 2017-11-03
- Where: India
- Value: $64.0M (4.19B INR)
- Status: completed
- Products: packaging containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Oricon Enterprises](https://endata.com/companies/2286.md) (partner)
- [Pelliconi & C.S.P.A](https://endata.com/companies/2324.md) (acquirer)

## Sources

- [reuters.com](https://www.reuters.com/article/brief-oricon-enterprises-executes-busine/brief-oricon-enterprises-executes-business-transfer-agreement-between-co-pelliconi-cspa-idUSFWN1N90V9/), 2017-11-03: "Oriental Containers to sell 51 percent stake in Oricon Packaging to Pelliconi & CSPA for about 4.19 billion rupees"

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