PAG Acquired a Majority Stake in Pravesha Industries

Target Description:

Pravesha Industries Private Limited (Pravesha) is one of India’s largest pharma-focused packaging player with a wide array of products including plastic bottles, caps, closures, cartons, labels and leaflets. Pravesha was founded in 1999 and today has four state-of-the-art manufacturing facilities in India, employing over 1,950 people, with a capacity to manufacture 15,000+ metric tons of plastic bottles, closures and drums and 2,000+ million units of cartons, labels and leaflets.