Essel Propack

Essel Propack, now known as EPL Limited, was founded in 1981 by the visionary entrepreneur Subhash Chandra Goenka. Recognizing the untapped potential in the packaging industry, Goenka introduced laminated tubes to India, revolutionizing the way products were packaged and delivered to consumers. This innovation positioned Essel Propack as a leader in the specialty packaging sector, catering to the FMCG and pharmaceutical industries.

Over the years, Essel Propack expanded its operations globally, establishing a presence in multiple countries and serving a diverse clientele. The company's growth was marked by its strategic alignment with major global players, including Procter & Gamble, which helped cement its status as a global leader in tube packaging.

A significant milestone in Essel Propack's journey occurred in April 2019, when The Blackstone Group, a leading private equity firm, acquired a majority stake in the company. This acquisition, valued at approximately $460 million, underscored the company's robust market position and growth potential. The partnership with Blackstone provided Essel Propack with the resources and expertise to further enhance its global footprint and technological capabilities.

Today, Essel Propack continues to innovate and lead in the packaging industry, driven by a commitment to quality and sustainability. The company's journey from a pioneering startup to a global packaging powerhouse exemplifies the impact of strategic vision and adaptability in achieving long-term success.