Enterprise e-commerce unicorn Moglix has acquired Uttarakhand-based Khatema Fibres Ltd, a manufacturer of ecofriendly paper products, for approximately ₹80 crore, as part of its strategy to bolster its sustainable packaging portfolio and cement its leadership in the industrial procurement space.
The deal, announced by Moglix founder and CEO Rahul Garg, adds a suite of specialty packaging products—including high-strength kraft paper, food-grade packaging solutions and machine-glazed papers—to its offerings.
Diese Geschichte stammt aus der November 22, 2024-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der November 22, 2024-Ausgabe von Mint Mumbai.
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