Constantia Flexibles signed a joint venture agreement merging its Indian business and operations with SB Packagings, which is backed by Premji Invest, to create a packaging platform in India and South Asia. The article is dated 8 February 2023.

Aimia agreed to acquire Indian manufacturer Tufropes for C$249.6 million, with Paladin Private Equity acting as its partner in the transaction. The article is dated February 1, 2023.

Constantia Flexibles signed a joint venture agreement with Premji Invest and S.B. Packagings to expand its packaging business in India, including hygiene packaging and its EcoLam range. The deal is expected to complete by the end of March 2023, pending regulatory approvals.

SB Packagings entered a joint venture with Constantia Flexibles, combining Constantia India's operations with SB Packagings to build a packaging platform across India and South Asia. Closure is subject to regulatory approvals and is expected by March end.

Constantia Flexibles signed a joint venture agreement with SB Packagings and its investor Premji Invest for Constantia's Indian business, creating a packaging platform with ten locations in India. Closing is expected by end of March 2023, pending regulatory approvals.

JK Paper agreed to acquire 85% stakes in Horizon Packs and Securipax Packaging, India's corrugated packaging manufacturers with seven plants, for about Rs 578 crore in phases. The remaining 15% will be acquired within three years.

Ingersoll Rand agreed to acquire India-based Everest Group and France-based Airmax Groupe for a combined all-cash upfront price of approximately $86 million, plus possible earn-out consideration.

Ingersoll Rand agreed to acquire SPX FLOW's Air Treatment business, a maker of compressed air dryers and filtration systems, for about $525 million. The business had expected 2022 revenue of about $180 million.

According to people familiar with the matter, US private equity firm Bain is in acquisition talks to buy Parksons Packaging, an Indian folding color box maker, for about 30 billion Indian rupees. Credit Suisse is reportedly advising, and a deal could close within three months.

Ingersoll Rand agreed to acquire Hydro Prokav Pumps (India), a maker of progressive cavity pumps in Coimbatore with about $6 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.

Fruit importer IG International and Mumbai-based Esquire Corrugation formed a joint venture, Esquire IG, to manufacture sustainable corrugated carton packaging for fresh produce. The JV targets 500 to 1,000 tonnes of output for domestic and global markets.

Voltas Ltd executed a joint venture agreement on April 30, 2022 with Highly International (Hong Kong) to manufacture inverter compressors, motors and parts in India. Highly International will hold 60 percent, and the JV will have Rs 250 crore of equity capital. Completion is subject to approvals including Press Note 3 clearance.

Elopak and GLS launched GLS Elopak, a 50/50 joint venture headquartered in Gurugram, Haryana, to make fresh and aseptic carton packaging at a manufacturing hub in Rewari, Haryana, India.

Elopak and GLS formed GLS Elopak, a 50-50 joint venture headquartered in Gurugram, India, to make fibre-based aseptic and fresh packaging. Manufacturing will be based in Rewari, Haryana, with a reported value of $35 million.

Atlas Copco has completed the acquisition of HHV Pumps Pvt. Ltd., a Bengaluru-based designer and maker of vacuum pumps and systems, on January 21, 2022. The purchase price was not disclosed, and the business joins the Industrial Vacuum Division.

TCPL Packaging's board approved the acquisition of a 60% stake in Creative Offset Printers Private Limited, a maker of rigid hard boxes for mobile phone makers. TCPL plans to acquire more shares after a planned rights issue.

Manjushree Packtek acquired Bengaluru-based Jallan Polypack, a manufacturer of paper cups and plastic lids, in January 2022. The terms of the transaction were not disclosed.

UFP Industries, through its affiliate UFP Global Holdings, acquired 70 percent of Ficus Pax, an industrial packaging producer with 10 facilities in southern India, for about $13.5 million. The deal marks UFP's first industrial presence in India.

Atlas Copco has agreed to acquire HHV Pumps Pvt. Ltd., a Bengaluru-based designer and manufacturer of vacuum pumps with 151 employees, with the undisclosed deal expected to close in Q1 2022.

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.

IMC Swarnaa Ventures, a joint venture of IMC and Swarnaa Group, announced it acquired 100% of Trillium Flow Technologies India, a valve manufacturer marketing under the BDK Valves brand, to diversify its portfolio.

EPL Limited's board approved the acquisition of Creative Stylo Packs, an Indian maker of corrugated boxes and plastic and laminated tubes. EPL will buy a 72.5% stake for cash and the remaining 27.5% through issuance of EPL shares to the founders.

Packaging converter ALPLA has acquired an Amcor facility in Alandi, near Pune in Western India, that produces PET bottle preforms, and will take over all 50 employees. The site becomes ALPLA's ninth location in India.

Westport Fuel Systems signed definitive agreements with partner UNO MINDA to sell the assets of its subsidiary Rohan BRC Gas Equipment to their 50/50 joint venture Minda Emer Technologies, consolidating CNG production in Manesar, Haryana.

In July 2020 SÜDPACK entered a joint venture with India-based Kamakshi Flexiprints to develop a new flexible packaging facility near Ahmedabad. The plant will serve barrier, aesthetics and convenience packaging needs.

Kuala Lumpur-based Creador has reportedly emerged as frontrunner to acquire about 20% of packaging maker Shriji Polymers, including Tata Capital Healthcare Fund's 13% stake, at a valuation of Rs 1,200 crore. The report, dated 13 May 2020, is based on unnamed sources and Creador has signed an exclusivity agreement.

Rich's has acquired full ownership of Rich Graviss Products, a Mumbai-based joint venture with the Graviss Group. The deal was reported by Baking Business.

Flowserve completed transactions giving it full ownership of the Maraimalai Nagar manufacturing facility in Chennai, India, formerly a joint venture with Larsen & Toubro. The plant makes Serck AUDCO and VOGT valve products.

Italian metal packaging group Tecnocap set up joint venture Tecnocap Oriental in Mumbai with Indian packager Oricon Enterprise, taking 75% control via the acquisition of Oricon's Metal Lug business. It marks Tecnocap's entry into India and the Far East.

India's Competition Commission approved Epsilon Bidco's acquisition of up to 75% of packaging maker Essel Propack Limited by order dated 3 June 2019.

Epsilon Bidco, an affiliate of Blackstone funds, agreed via a share purchase agreement and mandatory open offer to acquire up to 75% of Essel Propack Limited, signed April 22, 2019 and approved by India's CCI on June 3, 2019.

Blackstone agreed to buy a 51% stake in Essel Propack, an Indian laminated tubes and specialty packaging maker, from Ashok Goel Trust for up to $460 million, with a mandatory open offer for a further 26%.

Metso acquired the Valve Automation division of Rotex Manufacturers and Engineers Private Limited by acquiring all shares of RMEBS Controls Pvt. Ltd. in India to strengthen its valve network.

Korean Hanon Systems acquired the global fluid pressure and controls business of Magna International for a global deal value of US$1.2 billion. Kochhar & Co advised on the Indian leg of the transaction, as reported on 1 March 2019.

The Hyderabad Bench of India's National Company Law Tribunal approved Maharashtra Seamless's resolution plan to acquire United Seamless Tubulaar Pvt Ltd through the insolvency process.

Neles, formerly Metso's valve business and now part of Valmet, closed its acquisition of Indian valve company Rotex Manufacturers and Engineers Pvt. Ltd. in late 2018. The deal expands Neles' product range and services in India.

Metso has completed its acquisition of the valve automation division of India-based Rotex Manufacturers and Engineers, by buying all shares of RMEBS Controls Private Limited. The deal adds actuators, limit switches and process valves to Metso's valve portfolio.

Fiem Industries, Aisan Industry and Toyota Tsusho signed a joint venture agreement to manufacture fuel pump modules and IC connectors for two- and three-wheelers in Rajasthan, with initial share capital of Rs. 1 billion and production starting April 2019.

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.

Godrej Process Equipment, a unit of Godrej & Boyce, has acquired the Yuba and Ecolaire brands and design technologies from SPX Heat Transfer, a subsidiary of SPX Corporation, to make feedwater heaters and heat exchanger auxiliaries for power plants in India.

Ingersoll Rand agreed to acquire Hydro Prokav Pumps (India), a pump maker, as part of three acquisitions totaling about $35 million in cash. The deal adds progressive cavity pump market penetration.

Germany's NORMA Group SE agreed to acquire Kimplas Piping Systems Ltd, a Nashik-based maker of fittings, valves and micro-irrigation equipment, for an undisclosed amount. The deal was agreed on April 6, 2018 and is expected to close by mid-2018.

Metso has signed an agreement to acquire the valve automation division of India-based Rotex Manufacturers and Engineers. The division has two manufacturing facilities near Mumbai, about 275 employees, and sales of approx. INR 1,550 million; closing is expected in July 2018 and the price is undisclosed.

Constantia Flexibles Group agreed to acquire a majority shareholding in India's film-based laminates producer Creative Polypack for an undisclosed fee, as reported on 28 March 2018.

Germany's Homa Pumpenfabrik and India's Ekki Group signed a 50:50 joint venture to make waste water pumps, with a plant planned in Coimbatore expected to be commissioned in about a year. Homa's Indian sales arm will merge into the venture.

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.

Tri-Wall Japan acquired a 90% stake in Pronk Multiservice India Private Limited, which operates heavy-duty packaging manufacturing in Bangalore, Faridabad, Mumbai and Chennai.

Oriental Containers will sell a 51 percent stake in Oricon Packaging to Pelliconi & C.S.P.A. for about 4.19 billion rupees under a business transfer agreement signed by Oricon Enterprises.

Oricon Enterprises' board approved transferring the closures business of Oriental Containers to Oricon Packaging and selling a 51% stake in Oricon Packaging to Italy's Pelliconi at an enterprise value of Rs 419.40 crore, subject to agreed conditions. The approvals were given at a meeting on 27 October 2017.

Timken India Ltd., a majority-owned subsidiary of The Timken Company, agreed to merge with ABC Bearings Ltd., a maker of tapered, cylindrical and spherical roller bearings based in Mumbai with plants in Bharuch and Dehradun, in a share-based deal subject to Indian approvals.