Warburg Pincus has acquired a majority stake in Parksons Packaging, allowing Kedaara Capital to exit its investment in India's largest independent folding carton manufacturer.

Information on the Target

Parksons Packaging Limited, established in 1996, is recognized as India's largest independent folding carton manufacturer. The company boasts a diverse product portfolio, servicing over 300 clients across various sectors including consumer goods, food, pharmaceuticals, and more. Parksons operates six state-of-the-art manufacturing facilities throughout India, allowing it to convert more than 125,000 metric tons of paperboard annually. Its commitment to quality and service has positioned it as a leader in the paper packaging industry, continuously providing innovative and sustainable packaging solutions.

Over the years, Parksons has demonstrated significant growth, capitalizing on the increasing demand for eco-friendly packaging options. The firm has received numerous accolades from major customers for its flexibility, innovation, and solutions-oriented support. The work culture at Parksons has also been recognized, earning a spot on the list of the top 100 Great Places to Work in India in 2020.

Industry Overview in India

The packaging industry in India is undergoing transformative growth, driven by increasing consumer awareness and demand for sustainable packaging solutions. With