# Premji Invest buys major stake in SB Packagings

Premji Invest bought a major, undisclosed stake in SB Packagings, an Indian flexible packaging maker for the hygiene segment, with proceeds partly used for capacity expansion and acquisitions.

- Type: Acquisition
- Announced: 2021-08-13
- Where: India
- Status: completed
- Products: flexible packaging materials for hygiene products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Premji Invest](https://endata.com/companies/8274.md) (investor)
- [SB Packagings](https://endata.com/companies/8275.md) (target)

## Sources

- [varindia.com](https://www.varindia.com/news/premji-invest-buys-a-major-stake-in-sb-packagings), 2021-08-13: "In SB Packagings, a manufacturer of flexible packaging for the hygiene segment, Premji Invest has bought a major stake."

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