Add-on Acquisition • Consumer Products

Borosil Acquires Hopewell Tableware Pvt.

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

Acquisition Context
  • 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.

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M&A Deal Summary

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

Target Company

Hopewell Tableware Pvt.

Jaipur, India
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 Overview 1

Buyer

Borosil

Mumbai, India

Category Company
Founded 1962
Sector Manufacturing
Employees740
Revenue 14.7B INR (2025)
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, Maharashtra.


Deal Context for Buyer #
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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