Ankur Gupta
Singhi Advisors Pvt. Ltd.
SRF Ltd
Deal Type
Acquisition
Sector
Industrials
Completion Date
11th March 2025
Deal Value
Not disclosed
Company Background
Speciality Chemicals and Packaging Films
Deal Summary
Exclusively advised by Singhi Advisors, USD10bn SRF Ltd, leaders in Speciality Chemicals and Packaging Films (BOPP/BOPET), enters into definitive agreement to acquire north India based Windmöller & Hölscher Cast PolyProylene(CPP) film business of Kanpur Plastipack Ltd.
With a capacity of 7200TPA, producing 7-layered high barrier transparent CPP and other value-added films, listed Kanpur Plastipack Limited is a leading player in Flexible Intermediate Bulk Container (FIBC) & CPP. With this acquisition, SRF has marked its latest foray into CPP films and consolidated its leadership position in flexible packaging film space by expanding its existing product offering of BOPP & BOPET films.
Value Added
This is Singhi Advisors' 8th deal in the Packaging industry and 2nd deal with SRF. Earlier, Singhi advised SRF on strategic sale of its Engineering plastics business to global major DSM.
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