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Huhtamaki PPL to acquire Ajanta Packaging

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Capital Market
Last Updated : Mar 23 2018 | 7:50 PM IST

On slump sale basis on an EV of Rs 100.3 crore

Huhtamaki PPL has entered into a Business Transfer Agreement for acquisition of the business of Ajanta Packaging, India on a slump sale basis, based on an enterprise valuation of Rs 100.3 crore. This acquisition will help the Company in consolidating its position in Pressure Sensitive Label business.

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First Published: Mar 23 2018 | 7:37 PM IST

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