Rs. 36,800 Mn
Primary Product:
–
Secondary Product:
–
Date:
Mar 2022
Primary Product
M&A
Secondary Product
PE Buy Out
Date
Dec 2020
Primary Product
M&A
Secondary Product
PE Buy Out
Date
Dec 2020
Piramal Glass, part of USD 10 billion Piramal Group, is one of the leading global manufacturers of specialized glass packaging solutions for the Cosmetics & Perfumery, Specialty Food & Beverages, and Pharma industries.
With its sales footprint spanning 65+ countries, Piramal Glass is a true global champion enjoying a leadership position in several key end markets. It ranks among the world’s most efficient and profitable packaging companies.
This is a landmark transaction in the Indian packaging industry. It is the largest ever packaging transaction in India and among the top 3 transactions in the Asian packaging industry over the past two decades.
This transaction is a culmination of a multi-year, extensive engagement between Piramal Glass and Axis Capital across a range of strategic initiatives – long standing role as the trusted partner, beyond just a financial advisor. Axis Capital extended comprehensive support ranging from deal conceptualization & structuring, articulation of the unique value proposition and seamless execution of all facets of transaction process resulting in a highly favorable outcome for the Piramal Group.
Acting as an extended arm of the Piramal Glass team by leveraging upon deep understanding of the industry dynamics and company specific nuances & operational strengths, Axis Capital actively participated in crafting a deal structure which allowed optimal value realization from certain underperforming portions of the overall business portfolio through an integrated future approach.
The global sale process ran efficiently and within estimated timelines despite the unusual constraints imposed by COVID-19 pandemic restrictions.
Transactions
Rs. 123,250 Mn
Primary Product:
M&A
Secondary Product:
M&A
Date:
Mar 2022
Rs. 75,000 million
Primary Product:
M&A
Secondary Product:
PE Buy Out
Date:
Dec 2020
Undisclosed
Primary Product:
M&A
Secondary Product:
Restructuring
Date:
Jul 2020
Rs. 97,600 Mn
Primary Product:
M&A
Secondary Product:
M&A
Date:
Mar 2019
3,982 million
Primary Product:
M&A
Secondary Product:
M&A
Date:
April 2019
Undisclosed
Primary Product:
M&A
Secondary Product:
M&A
Date:
June 2019
35,300 million
Primary Product:
M&A
Secondary Product:
M&A
Date:
August 2019
Undisclosed
Primary Product:
M&A
Secondary Product:
M&A
Date:
April 2020
908 million
Primary Product:
M&A
Secondary Product:
M&A
Date:
March 2021
67,076 million
Primary Product:
M&A
Secondary Product:
M&A
Date:
March 2022
15,556 million
Primary Product:
M&A
Secondary Product:
M&A
Date:
May 2022
3,080 million
Primary Product:
M&A
Secondary Product:
M&A
Date:
May 2022
3,440 million
Primary Product:
M&A
Secondary Product:
M&A
Date:
August 2022