Private Equity PE Fund Investments
TPG to buy stake in pharma packaging co. Schott Poonawalla via secondary deal
Source Schott Poonawalla Pvt Ltd (opens in a new tab)Business Line (opens in a new tab)
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.