Английская Википедия:Essel Propack
Шаблон:Short description Шаблон:Use dmy dates Шаблон:Infobox company EPL Limited (formerly Essel Propack Limited) is a global tube-packaging company owned by The Blackstone Group headquartered in Mumbai.[1] It is a specialty packaging manufacturer of laminated plastic tubes for the FMCG and Pharma space.[2][3]
In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries,[4] selling more than six billion tubes each year and claims to be the world's largest plastic tubes manufacturer.[5] As of 2009, the company had a global market share of 33% in the toothpaste tube packaging industry.[6]
History
The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO Cyrus Bagwadia.[7][8]
In 2002, Essel Propack set up a 60,000 sq.ft, US$15 Million manufacturing plant in Danville, Virginia, to make toothpaste tubes for Procter & Gamble's North American market.[2][9][10] In the same year, the company set up its fourth plant in China.[11]
The company was acquired by The Blackstone Group in 2019 during an assets sale of the debt-ridden Essel Group.[1] The company was renamed to EPL Limited in October 2020.[12]
References
Шаблон:Blackstone Companies Шаблон:Essel Group Шаблон:Authority control
- Английская Википедия
- Multinational companies headquartered in India
- Plastics companies of India
- Manufacturing companies based in Mumbai
- Essel Group
- Blackstone Inc. companies
- Packaging companies of India
- Companies listed on the Bombay Stock Exchange
- Companies listed on the National Stock Exchange of India
- 2019 mergers and acquisitions
- 1982 establishments in Maharashtra
- Indian companies established in 1982
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