Ajoy Lodha
Singhi Advisors Pvt. Ltd.
Tecnocap Oriental Private Limited
Deal Type
Acquisition
Sector
Industrials
Completion Date
4th February 2020
Deal Value
Not disclosed
Company Background
Tecnocap is a worldwide metal packaging manufacturer, specialized in metal closures for glass jars and plastic containers.
The group is one of the biggest producers of tinplate and aluminum closures as well as aluminum monobloc aerosol cans and aluminum bottles for some of the world’s best known consumer brands in food, beverages, spirits, cosmetics, nutraceuticals, pharmaceuticals, industrial and household products.
Deal Summary
Oricon Enterprises Ltd sold 100% stake of its Lug Caps Manufacturing Business to form a JV with Tecnocap, where Tecnocap has majority stake.
This partnership enables Tecnocap to jointly leverage their synergies to provide state-of-the-art packaging solutions to Indian customers.
Singhi advised advised Tecnocap
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