<article>UK-based plastic and fibre products supplier <a style="color: #000080" href="http://www.essentraplc.com/default.aspx" target="_blank">Essentra Plc</a> has acquired pharmaceutical packaging business of <a style="color: #000080" href="http://www.kamsri.com/Home.aspx" target="_blank">Kamsri Printing &amp; Packaging Pvt Ltd</a> for an undisclosed amount.</article>

UK-based plastic and fibre products supplier <a style="color: #000080" href="http://www.essentraplc.com/default.aspx" target="_blank">Essentra Plc</a> has acquired pharmaceutical packaging business of <a style="color: #000080" href="http://www.kamsri.com/Home.aspx" target="_blank">Kamsri Printing &amp; Packaging Pvt Ltd</a> for an undisclosed amount.
The deal was originally announced in October 2015 and got completed last month.
With this, Essentra has got an opportunity to enter into the pharmaceutical and healthcare industries in India.
The acquisition of Kamsri is a compelling strategic fit for Essentra, and is consistent with the company’s drive for 2020 strategic objective of supplementing balanced, profitable organic growth with value-adding transactions in its targeted end-markets, Essentra said, in a press note.
Bangalore-based Kamsri is a premium packaging solutions provider for the pharmaceutical and healthcare end markets in the country.
It also caters to garment industry, ready to eat food industry, FMCG and the automobile industry, among others, as per its website.
Trilegal advised Essentra on this acquisition.
Essentra, a FTSE 250 company, is a leading international supplier of specialist plastic, fibre, foam and packaging products with four strategic business units including distribution, specialist technologies, health &amp; personal care packaging and filter products.
The company operates in 33 countries and employs 9,000 people. It has 69 principal manufacturing facilities, 64 sales &amp; distribution operations and five research &amp; development centres.
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India: UK-based Essentra acquires pharma assets of Kamsri Printing

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India: UK-based Essentra acquires pharma assets of Kamsri Printing

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