# Amcor and Huhtamaki in talks to buy India's Essel Propack

Amcor and Huhtamaki are reportedly in preliminary talks with the promoters of Essel Propack to acquire a controlling stake in the Indian laminated tube maker. Morgan Stanley is handling the sale, according to unconfirmed reports.

- Type: Acquisition
- Announced: 2018-09-24
- Where: India
- Status: rumored
- Products: laminated plastic tubes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Amcor](https://endata.com/companies/267.md) (acquirer)
- [Huhtamaki](https://endata.com/companies/909.md) (acquirer)
- [Essel Propack](https://endata.com/companies/3927.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/amcor-huhtamaki-talks-buy-indian-packaging-firm-essel-propack/), 2018-09-24: "Amcor and Huhtamaki are reportedly engaged in negotiations with promoters of Indian tube-packaging company Essel Propack to acquire a controlling stake."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/deals-mas-week-veritiv-bockatech-essel-propack/), 2018-09-27: "The promoters of Indian speciality packaging firm Essel Propack have entered negotiations with Amcor and Huhtamaki to sell a controlling interest in the company."
- [pressideas.com](https://pressideas.com/amcor-huhtamaki-are-in-talks-to-buy-essel-propack/), 2018-10-05: "Amcor and Huhtamaki have initiated talks in the acquisition business."

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