Established in 1994, Manohar Packaging can convert over 100 million sheets per annum
India-based Parksons Packaging has acquired Manohar Packaging, a producer of folding cartons and specialises in alcoholic beverages and confectionery packaging, for an undisclosed sum.
Established in 1994, Manohar Packaging has two manufacturing facilities in Goa and Punjab. With the two plants, the company can convert over 100 million sheets per annum.
Parksons Packaging has six production facilities located across Daman, Chakan, Pantnagar, Guwahati and Sricity.
The company offers a complete range of carton styles supplemented by a broad range of print finishes such as lamination, foiling, embossing, window patching and security features.
Its capabilities include printing high-quality graphics on a range of substrates, including metallised and holographic films.
The firm has glueing machines that can work with complex structures suitable for high-speed automatic cartoning machines.
The acquisition of Manohar Packaging will further enhance the combined company’s reach and better serve customers across the country.
Parksons Packaging managing director Siddharth Kejriwal said: “Adding Manohar’s depth of services and domain expertise strengthens our offerings in the Food and Beverage segment and increases our footprint in North and West India.”
Manohar Packaging CEO Aditya Patwardhan said: “Based on Parksons’ values, core capabilities, excellent brand reputation, and backing by Warburg Pincus, it’s a natural fit that reinforces our long-term vision and relationships with customers.”
In April this year, Green Fin Investments, an affiliate of Warburg Pincus, acquired a majority interest in Indian folding carton manufacturer Parksons Packaging for an undisclosed sum.