On May 13, 2025, the Competition Commission of India (CCI) approved the acquisition of a 24.9% equity shareholding in EPL Limited by Indorama Netherlands B.V.. This transaction marks a significant development in the global packaging industry, strengthening ties between Indian and international markets.
Details of the Acquisition
Nature of the Transaction
The approved deal involves Indorama Netherlands B.V. purchasing a 24.9% stake in the equity share capital of EPL Limited. This strategic investment is expected to enhance EPL Limited’s market position and operational capabilities in the packaging sector.
About Indorama Netherlands B.V.
Company Background
Indorama Netherlands B.V. is a limited liability company incorporated in the Netherlands. It operates as an indirect subsidiary of Indorama Ventures Public Company Limited, a global leader in chemicals and packaging solutions, with a strong presence in the production of polymers, fibers, and packaging materials.
About EPL Limited
Business Operations
EPL Limited is a prominent Indian company specializing in the manufacturing and sale of packaging products. Its product portfolio includes laminated and extruded plastic tubes, widely used in industries such as cosmetics, pharmaceuticals, and personal care.
Significance of CCI Approval
Impact on the Packaging Industry
The CCI’s approval ensures that the acquisition adheres to India’s competition regulations, promoting a fair market environment. This move is anticipated to foster innovation and growth in the packaging sector, enabling EPL Limited to leverage Indorama’s global expertise and resources.
Future Outlook
Strengthening Global Collaboration
The acquisition is poised to enhance EPL Limited’s global competitiveness by integrating Indorama’s advanced technologies and market reach. This collaboration is likely to drive sustainable packaging solutions and expand market opportunities, contributing to the growth of India’s packaging industry.
Key Facts About the Acquisition
- Event Date: May 13, 2025
- Acquirer: Indorama Netherlands B.V.
- Target: EPL Limited
- Stake Acquired: 24.9% equity share capital
- EPL’s Business: Manufacturing and sale of laminated and extruded plastic tubes
- Parent Company: Indorama Ventures Public Company Limited