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.
- Targets
- Parksons Packaging Limited
- Sellers
- Kedaara Capital AIF 1, Olza Holdings Limited, IIFL, Kejriwal family
- Industry
- Packaging
- Location
- Maharashtra, India
- Transaction Type
- Buyout
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