Parksons Packaging Acquired By Warburg Pincus
Private equity company Warburg Pincus has informed that it has acquired a majority stake in the country’s largest independent folding carton manufacturer, Parksons Packaging.Â
In an official statement, the firm said that the existing private equity investors - Kedaara Capital, Olza Holdings Limited, and IIFL, have fully exited their investment in Parksons, and the promoters Kejriwal family has sold a partial stake.