JK Paper to acquire Manipal Utility Packaging Solutions for Rs 90 crore

JK Paper signed a share purchase agreement to acquire 100% of Manipal Utility Packaging Solutions for about Rs 90 crore, a maker of folding cartons, corrugated boxes and labels with four plants in India. Completion is expected within six weeks.

“JK Paper will acquire 4.07 crore equity shares representing 100 per cent of capital of MUPSPL.”business-standard.com

• 1 source
• business-standard.comJK Paper to acquire Manipal Utility Packaging Solutions for Rs 90 crore | Company News - Business StandardOct 16, 2023

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