Huhtamaki has entered into an agreement to acquire the Indian business and related assets of Ajanta Packaging, a privately owned manufacturer of pressure sensitive labels.  The annual net sales of the business to be acquired are approximately €10 million. It employs altogether 170 people and has two state of the art manufacturing facilities located in Daman (West India) and Baddi (North India). The debt free purchase price is approximately €13 million. The transaction is expected to be closed...