Wednesday, October 22, 2025
Industry NewsHuhtamaki completes acquisition of Ajanta Packaging

Huhtamaki completes acquisition of Ajanta Packaging

-

Huhtamaki completes acquisition of Ajanta Packaging

-

[dropcaps style=’2′]Huhtamaki has completed the acquisition of Ajanta Packaging’s business in India. Ajanta Packaging is a manufacturer of pressure sensitive labels in India. The annual net sales of the acquired business are approximately EUR 10 million and it employs altogether 170 people. The debt free purchase price was approximately EUR 13 million. The business will be reported as part of the Flexible Packaging business segment as of 1 June 2018.[/dropcaps]

The acquisition will further strengthen Huhtamaki’s labeling business in India by adding new printing technologies into its offering as well as improving its innovation capability. The acquisition is complementary to Huhtamaki’s existing labeling product portfolio.

In 2012, Huhtamaki acquired 51% shares in Mumbai-based Webtech Labels. In 2017, HPPL’s subsidiary Webtech Labels set up a label manufacturing unit in Sikkim, to service its customers based in North East India.

[line style=’solid’ top=’10’ bottom=’10’ width=’100%’ height=’1′ color=”]

Mahan Hazarika
Mahan Hazarika
Mahan Hazarika assumes the role of Editor at The Packman, a position he has held since 2017, reflecting a distinguished decade-long tenure specializing in journalism within the printing and packaging sectors. Beyond his professional realm, he nurtures a deep appreciation for music, travel, and films, finding inspiration and relaxation in these pursuits.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Heidelberg India signs MOU with Sri Kaliswari Group to launch MK Masterwork Demo and Training Center

On 15 October 2025, a Memorandum of Understanding was signed between Thomas Frank, managing director, Heidelberg Asia Pacific, and...

Asahi Photoproducts to host second AWP Environment Event at CIIE 2025 in Shanghai

Asahi Photoproducts, a leader in sustainable flexographic plate technology and a division of Asahi Kasei, will exhibit at the...

New president, vice-president, board members and re-elections at GRA

The Global Rotogravure Association (GRA) is pleased to announce the election of new officers and board members during its...

Amcor announces operational launch of new MDO line in Peru

Amcor, a global leader in developing and producing responsible packaging solutions, announced the installation and operational readiness of a...
- Advertisement -spot_img

Ranpak brings AI-driven packaging intelligence to Logistica Next 2025

Ranpak, a global leader of sustainable paper-based automated packaging solutions for e-commerce and industrial supply chains, will exhibit its...

London Packaging Week 2025 sees strong rise in visitors

London Packaging Week 2025 has recorded a 15% growth in attendance, attracting 5,752 unique visitors to Excel London. Now...

Must read

Flexibiz ERP gains momentum in Indian packaging market

Delhi-based Kiran Consultants recently implemented CRM and ERP solutions...

Cracking the code – ink adhesion in flexible packaging

Flexible packaging is all around us – whether in...

You might also likeRELATED
Recommended to you