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Flour mills to mega deals: How Manjushree morphed into a packaging giant
A visit to a Tata Tea garden in the region sowed the seed of the idea of plastic packaging in the mind of Kedia and his brothers
Advent likely to sell Manjushree Technopack for nearly $1 billion to PAG
Founded in 1983, Manjushree has 21 locations across India, with its headquarters in Bengaluru, according to Advent's website
Advent agrees to sell Manjushree Technopack to PAG for nearly $1 billion
With the signing of the sale, Advent will withdraw the IPO application from Sebi, said one of the sources
Manjushree Technopack bets big on inorganic growth, eyes acquisitions
"We are more aggressive than earlier, and we see the Covid-19 crisis as an opportunity to grab some businesses that make sense to us," said Sanjay Kapote, CEO, MTL
Advent Int'l buys out Kedaara Capital's stake in Manjushree Technopack
Deal value undisclosed; Advent also picks up some stake from promoter family