Warburg Pincus (Green Fin) Acquires Majority Stake in Parksons Packaging

April 26, 2021

Green Fin Investments B.V., an affiliate of Warburg Pincus, acquired a majority stake in Parksons Packaging Limited, India’s largest independent folding carton manufacturer. Existing private equity investors Kedaara Capital AIF 1, Olza Holdings Limited and IIFL fully exited while the Kejriwal founder family sold a partial stake and will continue operating the business.

Buyers
Green Fin Investments B.V. (affiliate of Warburg Pincus), Warburg Pincus LLC
Targets
Parksons Packaging Limited
Sellers
Kedaara Capital AIF 1, Olza Holdings Limited, IIFL, Kejriwal family
Industry
Packaging
Location
Maharashtra, India
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.