Alcan Global Pharmaceutical Packaging, a division of Alcan Packaging has acquired the Chakan flexible packaging plant from Associated Capsules Private Limited in India. Chakan's integration into the Alcan Packaging group is expected to be completed early in 2009. The Maharashtra-based Chakan facility with annual sales of US$3.6mln, is a distinguished supplier to the Indian pharmaceutical market, with solid manufacturing capabilities and management practices.
The acquisition, apart from expanding Alcan Packaging's geographic footprint also strengthens its strategic presence in the Indian pharmaceutical market, currently ranked 14th in the world in terms of scale and further expects to grow. Chakan's expertise with local pharmaceutical companies will benefit Alcan Packaging and enable to service global and regional customers while maintaining the high quality standards. Alcan Packaging is a business unit of Rio Tinto Alcan, a leading international mining group headquartered in the UK.
07-Oct-08 
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