Venture Intelligence (TSJ Media Pvt. Ltd.)
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TPG to buy stake in pharma packaging co. Schott Poonawalla via secondary deal
Business Line Schott Poonawalla Pvt Ltd
TPG Capital, via TPG Scion SG Pte Ltd, is acquiring a stake in Mumbai-headquartered Schott Poonawalla Pvt Ltd (SPPL). The deal involves a secondary share purchase from Serum Institute of India Pvt Ltd.SPPL manufactures sterile and non-sterile glass containers such as ampoules, vials, cartridges, and prefilled syringes, essential for the pharmaceutical and biotech industries, especially in the injectable drug segment.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.