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Ajanta Packaging is a manufacturer of pressure sensitive labels in India.
June 5, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
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 €10 million and it employs 170 people. The debt free purchase price was approximately €13 million. The business will be reported as part of the Flexible Packaging business segment as of June 1, 2018. ...
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