On 8 September, FTMM informed the PSX that SECP’s Registrar Modaraba cleared the Treet Packaging merger with an NOC, conditional and just one step in the approvals.
Kirkbi’s capital fills the gap, positioning the fund to gain from regulatory recycled-content demand in consumer, food/beverage, and industrial packaging.
Reinforcing JK Paper’s packaging growth push, the acquisition adds Radhesham Wellpack, a corrugated and protective packaging player serving industrial and consumer goods customers.
Built on a closed-loop model returning used bottles to raw material, the Odisha plant will produce food-grade resin and preforms, addressing India’s shortfall in food-contact-compliant recycled PET.
DFW will keep its name and Grand Prairie operations, preserving customer continuity while gaining access to SPG’s wider network, resources, and packaging capabilities.
At Ain Sokhna, printing through final packaging, inspection, extrusion lamination, slitting, and material handling, runs as one continuous process, equipped with machinery from Germany, Austria, the Netherlands, and Italy.
A dedicated facility will size, cut, and process coil packaging steel, with output sold as sheets and printed sheets in domestic and international markets.
The park’s placement responds to India’s rising sustainable-packaging demand, while co-locating production with Paradip petrochemical feedstock to lower logistics costs and supply-chain fragmentation across eastern India.
Advanced manufacturing, operational efficiency, and leading sustainability practices will be built into the facility.
By extending recycled-content capability across Hanna’s operations, the acquisition supports growing demand for lower-carbon steel tubes in packaging machinery and industry.