Manjushree Technopack
Manjushree Technopack Limited is India's largest rigid plastic packaging company.[1][2][3] It is based in Bangalore.[4] It was founded by Vimal Kedia and Surendra Kedia.
Private Limited | |
Industry | Packaging |
Founded | 1983 |
Headquarters | , |
Key people | Vimal Kedia Surendra Kedia |
Number of employees | 5,000 |
Website | manjushreeindia |
History
Manjushree Technopack Limited was established in 1983. The company caters to the FMCG industry verticals ranging from dairy to liquor, food products, agro chemicals, pharma, home care and personal care. It has seven manufacturing plants located in Baddi, Pantnagar, Guwahati, Manesar and Karnataka. The estimated revenue is Rs. 1,100 billion.
In 2018, Advent International acquired 77% stake of the company.[5]
References
- "PE firm Advent acquires Manjushree Technopack". The Economic Times. India: The Economic Times. 11 October 2018. Retrieved 18 November 2019.
- Kurup &, Rajesh. "Advent acquires entire 40% stake held by Kedaara Capital in Manjushree Technopack". Business Line. India: Business Line. Retrieved 18 November 2019.
- Rao, Rakesh (26 October 2016). "Manjushree Technopack plans diversification to tap growing packaging market". Business Standard India. India: Business Standard. Retrieved 18 November 2019.
- Manjushree Technopack: Packing a punch Forbes India
- Advent International Invests in Manjushree Technopack WSJ.
External links
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