Manjushree Technopack adds Hitesh to its string of acquisitions1 min read . Updated: 27 Jul 2022, 11:05 PM IST
- The acquisition will allow MTL to enter the highly specialized caps and closures market segment and will strengthen its position as an end-to-end integrated rigid plastic packaging player.
Plastics packager Manjushree Technopack Ltd (MTL), backed by US private equity firm Advent International, has agreed to acquire 100% of the business operations and manufacturing facilities of Hitesh Plastics, a Bengaluru-based maker of plastic caps and closures.
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