Manjushree eyes assets worth USD 150–180-million: Reports
Manjushree Technopack is in talks to acquire four to five assets.
17 Jun 2025 | 286 Views | By WhatPackaging? Team
According to reports by leading business portals, PAG-backed Manjushree Technopack is in talks to acquire four to five assets and may spend USD 150 to 180-million to bolster its offerings. The discussions are still underway.
In November 2024, PAG acquired Manjushree Technopack from US fund Advent International, which sold its majority stake at a valuation of USD one-billion.
PAG made a second investment in the packaging sector after picking up a majority stake in Pravesha Industries for USD 200-million in January.