Investment Summary

IPG Invests In Powerband Industries Pvt

On September 2, 2016, IPG invested in manufacturer Powerband Industries Pvt

Investment Highlights
  • This is IPG’s 3rd transaction in the Manufacturing sector.
  • This is IPG’s 1st transaction in India.

Investment Summary

Date 2016-09-02
Target Powerband Industries Pvt
Sector Manufacturing
Investor(s) IPG
Deal Type Stake Purchase

Target

Powerband Industries Pvt

Daman, India
Powerband Industries Pvt Ltd is a manufacturer of adhesive-based carton sealing tapes and stretch films located in Daman, India. From its ISO 9001:2008 and ISO 14001:2004 certified facility, Powerband services the Indian market and exports packaging product to more than 30 countries.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

IPG

Sarasota, Florida, United States

Category Company
Founded 1981
Sector Packaging
Employees4,100
Revenue 1.2B CAD (2020)
DESCRIPTION

IPG develops, manufactures, and sells a variety of paper and film-based pressure-sensitive and water-activated tapes, stretch and shrink films, protective packaging, woven and non-woven products, and packaging machinery for industrial and retail use. IPG was founded in 1981 and is based in Sarasota, Florida.


DEAL STATS #
Overall 4 of 7
Sector: Manufacturing M&A 3 of 3
Type: Stake Purchase M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 RJM Manufacturing

Fairless Hills, Pennsylvania, United States

RJM Manufacturing, Inc. is a manufacturer of filament and pressure sensitive tapes. TaraTape develops, manufactures and markets pressure sensitive adhesive tapes used for industrial applications. TaraTape has a strong established reputation as a high quality supplier with the ability to custom design products for specific applications. TaraTape is located in Fairless Hills, Pennsylvania and has approximately 55 employees.

Buy $11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-18 Polyair Inter Pack

Toronto, Ontario, Canada

Polyair Inter Pack, Inc. is a manufacturer and marketer of protective packaging products, including air bubble packaging, mailers, foam laminates, insulation and integrated packaging systems. Polyair Inter Pack was founded in 1968 and is based in Toronto, Ontario.

Buy $146M