Borosil Glass buys 60% stake in glass packaging company Klasspack

摘要

Glassware manufacturer Borosil Glass Works Ltd. has ventured into primary pharma glass packaging business by acquiring 60.3% stake in Klasspack Pvt. Ltd,. the Nashik (Maharashtra) based manufacturer of ampoules and vials for the pharmaceutical industry, for an undisclosed amount. With acquisition, Borosil, which already supplies laboratory glassware to India's leading pharmaceutical companies, research labs, healthcare, science and educational institutes, will expand its packaging product portfolio in the pharma sector.