Japanese firm acquires 80% stake in Punjab-based Empire Packages - Hindustan Times
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Japanese firm acquires 80% stake in Punjab-based Empire Packages

ByHT Correspondent, Chandigarh
Oct 05, 2021 12:59 AM IST

Japanese company Oji Holding Corporation, a global leader in paper and packaging, has acquired a majority 80% shares in Punjab-based Empire Packages Private Limited, which provides services to several fortune 500 companies and large FMCG companies in north India

Japanese company Oji Holding Corporation, a global leader in paper and packaging, has acquired a majority 80% shares in Punjab-based Empire Packages Private Limited, which provides services to several fortune 500 companies and large FMCG companies in north India.

Oji Holdings subsidiary Oji India Packaging has already established several corrugate units across India and this acquisition provides access to the entire northern region. (HT file)
Oji Holdings subsidiary Oji India Packaging has already established several corrugate units across India and this acquisition provides access to the entire northern region. (HT file)

Oji Holdings subsidiary Oji India Packaging has already established several corrugate units across India and this acquisition provides access to the entire northern region.

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Anil Gulati, managing director of Empire Packages, said, “Before acquiring the shares, the goal of the company was to partner with a firm that keeps innovation and environmental sustainability at its core. We look forward to working with Oji with renewed confidence and excitement. We will enable companies to switch from plastic dominated packaging to a fully sustainable paper based packaging”.

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