M&A Deal Summary

Ipackchem Acquires Mullackal Polymers

On November 9, 2021, Ipackchem acquired plastics company Mullackal Polymers

Acquisition Highlights
  • This is Ipackchem’s 1st transaction in the Plastics sector.
  • This is Ipackchem’s 1st transaction in India.

M&A Deal Summary

Date 2021-11-09
Target Mullackal Polymers
Sector Plastics
Buyer(s) Ipackchem
Deal Type Add-on Acquisition

Target

Mullackal Polymers

Mumbai, India
Mullackal Polymers is a is a manufacturer of premium HDPE and barrier plastic containers, caps and measuring cups for India’s crop protection and specialty chemical industry. Mullackal Polymers was founded in 1976 and is based in Mumbai, India.

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Buyer(S) 1

Buyer

Ipackchem

Paris, France

Category Company
Sector Packaging
DESCRIPTION

Ipackchem is a manufacturer of barrier packaging. Its products are mainly used in the transport and storage of aromas, fragrances, and agrochemical products, for which permeability, contamination, and evaporation constraints are critical. Ipackchem Group is based in Paris, France.


DEAL STATS #
Overall 2 of 3
Sector: Plastics M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
Country: India M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-26 JRB Packaging Co.

Jiangsu, China

JRB Packaging Co. Ltd. designs, produce, and markets high‐quality rigid plastic products, provides customized packaging solutions for a number of end‐market segments including specialty chemicals. JRB Packaging is based in Jiangsu, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-05 TPG Plastics

Murray, Kentucky, United States

TPG Plastics is a manufacturer of engineered plastics blow molded products, specializing in large drop blow molded parts and fuel management solutions. TPG Plastics was founded in 2018 and is based in Murray, Kentucky.

Buy -