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Access here alternative investment news about Advent Int'l Buys Out Kedaara Capital's Stake In Manjushree Technopack | Business Standard News
Private Equity

Advent Int'l Buys Out Kedaara Capital's Stake In Manjushree Technopack | Business Standard News

by business-standard.com posted 11months ago 43 views
Deal value undisclosed; Advent also picks up some stake from promoter family. : US-based Private equity (PE) firm Advent International has invested in Manjushree Technopack by completely buying out the stake held by home-grown PE firm, Kedaara Capital, along with some of the promoter family's holding. The financial terms of the transaction were not disclosed. Manjushree Technopack is India’s largest rigid plastic packaging solution provider for the FMCG industry. Founder Vimal Kedia and the senior management team will remain closely involved in the business.

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