Advent invests in India's Manjushree Technopack, Kedaara exits
Advent International has made an investment of undisclosed size in Indian packaging industry supplier Manjushree Technopack. It facilitates an exit for Kedaara Capital.
The deal sees Advent acquiring all the shares owned by Kedaara and a portion of a stake held by the company’s founding family. According to AVCJ Research, Kedaara took a 24% stake alongside fellow investor...
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