Tuesday, September 11, 2007

Essel Propack to acquire Alcan's packaging unit?

Reports indicate that Essel Propack is in talks to acquire Alcan's packaging unit. Although the Rs 300-crore Essel Propack is the largest specialty packaging company through its 12 plants across the world, it has a relatively smaller presence in the personal care packaging segment. If successful, the deal with Alcan would propel Essel to the top position in personal care packaging. Alcan Packaging Beauty, on the other hand, is present in 11 countries and has some of the world's leading cosmetics and beauty companies as its customers.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10847&P=P

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