Essel adds medical firm to fold

September 2008
Plastics News;9/8/2008, Vol. 20 Issue 27, p3
Trade Publication
The article reports that global laminated-tube maker Essel Propak Ltd. has made its second purchase this year of a U.S. medical manufacturer. The Mumbai-based packaging group has acquired 74 percent of specialty medical tubing maker, Medical Engineering & Design Inc. The acquiring firm is Essel subsidiary Tacpro Inc. The acquisition will be funded partly through debt and partly through profit from Essel's medical businesses, Tacpro and Singapore-based Avalon Medical Services Pte. Ltd.


Related Articles

  • Blackstone commits up to $460-mn to acquire a majority stake in Essel Propack.  // FRPT- Chemical Snapshot;4/30/2019, p1 

    The article informs that private equity firm Blackstone has signed a definitive agreement with packaging company Essel Propack to buy a 51% stake at _134 a share worth Rs 3,211 crore ($460 million).

  • Indian tube maker Essel buys into Tacpro, Avalon. Lauzon, Michael // Plastics News;4/3/2006, Vol. 18 Issue 5, p1 

    The article reports that Indian laminated tube producer Essel Propack Ltd. is expanding its U.S. presence by acquiring a majority stake in Tacpro Inc., a Campbell, California, tubing extruder and producer of medical devices. Essel also is buying most of the shares of Avalon Medical Services. Its...

  • Arista sale.  // Packaging Magazine;8/19/2004, Vol. 7 Issue 15, p4 

    Reports that Indian packaging firm Essel Propack has acquired plastic tube specialist Arista Tubes of Stevenage, England.

  • Essel buys catheter firm CDT. Hockensmith, Dan // Plastics News;4/7/2008, Vol. 20 Issue 5, p3 

    The article reports that Mumbai, India-based laminated tube maker Essel Propack Ltd. has forayed further into the North American medical-device market, paying $1.2 million in cash for Catheter and Disposables Technology Inc. (CDT). Essel acquired CDT on March 31, 2008 through a deal between...

  • Essel buys India specialty packaging maker. Toloken, Steve // Plastics News;9/11/2006, Vol. 18 Issue 28, p24 

    The article states that Essel Propack Ltd. has bought one of India's largest manufacturers of specialty flexible packaging, Packaging India Pvt. Ltd., for 875 million rupees. Ashok Geol, vice chairman and managing director of the Essel Propack, said that as the pharmaceutical and retail markets...

  • Americas are key to growth for tube-making gaint Essel. Verespej, Mike // Plastics News;12/4/2006, Vol. 18 Issue 40, p19 

    The article reports that Essel Propack Ltd. has opened a second plant at its Indian laminated tube manufacturing site in Danville, Virginia. The $10 million, 120,000-square-foot facility uses technology acquired two years ago when it bought Arista Tubes UK of Stevenage, England. Essel has also...

  • Essel Propack eyes HUL's oral care packaging deal for brands like Pepsodent and Close Up.  // FRPT- FMCG Snapshot;8/10/2014, p13 

    The article reports on Essel Propack Ltd.'s plan to grow its non-oral care portfolio, in categories various categories such as beauty, cosmetics, pharmaceuticals and foods in both India and overseas.

  • Essel Propack launches fully recyclable plastic packaging tube in India.  // Popular Plastics & Packaging;May2008, Vol. 53 Issue 5, p54 

    The article reports on the launch of Etain, a recyclable plastic packaging tube from global packaging company Essel Propack.

  • Essel Propack consolidated revenue from global operations posted at Rs 535.3 crore.  // Express Pharma;11/3/2015, p1 

    The article reports on the financial performance of Indian packaging supply company Essel Propack in the quarter ended September 30, 2015.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics