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In October 2018, Advent invested in market leader Manjushree Technopack in partnership with the founding Kedia family. As part of the transaction, Advent purchased all the shares owned by investor Kedaara Capital and a portion of the Kedia family’s stake ....
The Hitesh Plastics acquisition will allow Manjushree to enter the caps and closures market segment and will strengthen its position in the rigid plastic packaging business. ....