Huhtamaki completes Ajanta acquisition
Huhtamaki has completed the acquisition of Ajanta Packaging’s business in India.
Ajanta Packaging is a manufacturer of pressure-sensitive labels in India. The acquisition will further strengthen Huhtamaki's labeling business in India by adding new printing technologies into its offering, as well as improving its innovation capability. The acquisition is complementary to Huhtamaki's existing labeling product portfolio.
The business will be reported as part of the Flexible Packaging business segment as of June 1, 2018.
Read insights from Chandan Khanna, Ajanta Packaging managing director, in L&L issue 3, 2018
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