Thursday, October 23, 2025
FlexiblesManjushree acquires dispenser and spray solutions provider National Plastics

Manjushree acquires dispenser and spray solutions provider National Plastics

-

Manjushree acquires dispenser and spray solutions provider National Plastics

-
Sanjay Kapote, chief executive officer, Manjushree Technopack

India’s rigid plastics packaging solutions company Manjushree Technopack has acquired National Plastics, one of the leading players in spraying and dispensing systems and solutions in India (slump sale, on a going concern basis). This is the first acquisition by Manjushree since Advent International bought majority stake in the company last year.

Through this deal Manjushree will expand its offerings to clients, by adding adjacent categories like dispensers and sprayers to its existing product portfolio – containers and preforms. The merger will also help Manjushree acquire new clients in this segment across various regions in India. The acquisition is expected to contribute 4-5% of the overall revenue for Manjushree over the next 5 years. In 2016, Manjushree had acquired Delhi-based rigid packaging firm Varahi Polymers.

According to Manjushree’s estimates, the value of the dispenser market in India is expected to double from US$ 50 million in FY19 to US$ 100 million by 2023.

Announcing the acquisition, Sanjay Kapote, chief executive officer, Manjushree said, “We see significant opportunities in the spraying and dispenser market. National Plastics’ market leadership in the dispenser and spray systems will help Manjushree expand its product offerings to existing customers as well as enter new markets in South Asia. We will invest in R&D and new business development to bolster National Plastics’ growth.”

Based in Punjab, National Plastics was founded in 1988 by Manish Saggar. The company manufactures lotion pumps, liquid dispensers, trigger sprayers, fine mist sprayers, cosmetic/serum pumps, perfume spray packs for leading brands in India and South Asia. Some of National Plastics’ clients include Reckitt Benckiser, HRI, ITC, Godrej Consumer, Marico, Patanjali Ayurved, SC Johnson, 3M, and Sun Pharma among others.

According to Manish Saggar, founder, National Plastics, “The acquisition by MTL will help National Plastics expand its capabilities, product range and client base. With the bigger Manjushree team and bandwidth, and increased research and development activities, new, innovative products can be brought in and enhanced customer satisfaction can be provided.”

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

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

Coca-Cola HBC to acquire Coca-Cola Beverages Africa

Coca-Cola HBC has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages...

Mondi and Südwestdeutsche Salzwerke strengthen collaboration in salt packaging

Mondi is strengthening its long-standing partnership with Südwestdeutsche Salzwerke, one of Europe’s top salt producers. Known for the iconic...

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...
- Advertisement -spot_img

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...

Must read

B&R’s next-generation automation solutions for building smart machines at Plastindia 2018

  B&R, one of the major players in the automation...

Kodak launches the Global Flexo Innovation Awards 2018

Kodak is celebrating the 10th anniversary of its KODAK...

You might also likeRELATED
Recommended to you