EPL Limited to Merge With Indovida to Create Emerging Markets Packaging Leader
March 30, 2026
EPL Limited has agreed to merge with Indovida, a rigid PET packaging platform backed by Indorama Ventures, in a deal valuing the combined entity at about $2 billion. The transaction combines EPL’s flexible packaging operations with Indovida’s rigid plastics capabilities to form a scaled, multi-format packaging platform focused on emerging markets, with Indorama Ventures becoming the majority shareholder post-completion.
- Buyers
- EPL Limited, Indorama Ventures, Blackstone
- Targets
- Indovida
- Industry
- Manufacturing
- Location
- India
- Transaction Type
- Buyout
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