M&A Deal Summary

Borosil Acquires Hopewell Tableware Pvt.

On January 14, 2016, Borosil acquired consumer products company Hopewell Tableware Pvt. for 4M USD

Acquisition Highlights
  • This is Borosil’s 1st transaction in the Consumer Products sector.
  • This is Borosil’s largest (disclosed) transaction.
  • This is Borosil’s 1st transaction in India.

M&A Deal Summary
Date 2016-01-14
Target Hopewell Tableware Pvt.
Sector Consumer Products
Buyer(s) Borosil
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

Hopewell Tableware Pvt.

Jaipur, India
website
Hopewell Tableware Pvt. Ltd. is a manufacturer of opal melamine and bone china tableware. Its products include larah opal glass dishware, oriole melamine dishware and Iarah porcelain dishware.

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Buyer(S) 1

Buyer

Borosil

Mumbai, India

website

Category Company
Founded 1962
Sector Manufacturing
Employees473
Revenue 6.4B INR (2022)
DESCRIPTION

Borosil is a consumer glass company that provides laboratory glassware and microwavable kitchenware products for the pharmaceutical and healthcare sectors. Borosil was founded in 1962 and is based in Mumbai, India.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (India) 1 of 2
Year (2016) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Klass Pack Pvt.

Nashik, India

Klass Pack Pvt. Ltd. is a manufacturer of glass ampoules and tubular glass vials that are primary used as packaging materials by pharmaceutical companies.

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