# Linhardt Group acquires Pioneer Group in India

The Linhardt Group, a European packaging manufacturer, has signed a share purchase agreement to acquire Pioneer Group, an Indian aluminum tube and can manufacturer, including its four locations in Daman, Sanjan, Dahanu, and Sancoale. The acquisition is expected to be completed by June 2024.

- Type: Acquisition
- Announced: 2024-04-01
- Where: Daman, Sanjan, Dahanu, Sancoale, India
- Jobs: 500
- Status: announced
- Products: aluminum tubes, aluminum cans
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Pioneer Corp](https://endata.com/companies/49411.md) (target)
- [Linhardt Group](https://endata.com/companies/76776.md) (acquirer)
- [Pioneer Extruders](https://endata.com/companies/76777.md) (target)
- [Jeevanlakshmi Packaging Solutions](https://endata.com/companies/76778.md) (target)

## Sources

- [ippstar.org](https://ippstar.org/2024/04/12/linhardt-acquires-indias-pioneer-group/), 2024-04-12: "The Linhardt Group, a leading packaging manufacturer in Europe. and Indian aluminum tube and can manufacturer Pioneer Group have signed a share purchase agreement (SPA) with effect from April 1 2024, for the complete acquisition of Pioneer Extruders and Jeevanlakshmi Packaging Solutions."

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