# Advent International acquires 77% stake in Manjushree Technopack

In 2018, Advent International acquired a 77% stake in Indian rigid plastic packaging maker Manjushree Technopack from Kedaara Capital and the promoters. The deal value was not disclosed.

- Type: Acquisition
- Announced: 2018-01-01
- Where: India
- Status: completed
- Products: PET, HDPE and PP bottles, containers, PET preforms
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (acquirer)
- [Manjushree Technopack](https://endata.com/companies/1038.md) (target)
- [Kedaara Capital](https://endata.com/companies/5429.md) (partner)

## Sources

- [en.wikipedia.org](https://en.wikipedia.org/wiki/Manjushree_Technopack_Limited), 2019-08-22: "In 2018, Advent International acquired 77% stake of the company from Kedaara Capital and the promoters."

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