Canpac Trends Receives Rs.340 cr Funding from Investcorp
27 December 2023: Global Investment Firm, Investcorp has made an investment of Rs.340 crore Ahemdabad based Canpac Trends which is leading paper-based packaging solutions provider.
Canpac Trends is founded by Nilesh Todiand they manufacture folding cartons, which have wide range of applications in fashion and retail, food and food services, FMCG and industrial products. It also makes paper bags, luxury boxes, corrugated cartons and flexible laminate solutions.
Canpac has four manufacturing factories in Ahmedabad, Kolkata and Tirupur and also an R&D facility. This new investment will help Canpac expand its production capacity apart from increasing sales and strengthen its R&D initiatives.
Canpac has the proficiency level of serving more than 500 consumers which was a vision that Nilesh Todi and Preeti Todi, shared with the company a few years back. With the guidelines from them as the needle pointing in the north, Canpac teams to enjoy a magnanimous growth in the business that allows them to provide unparalleled printing and packaging solutions to more than 1000 consumers simultaneously !
www.canpac.in
