New Delhi, April 6 -- In a landmark move for the global packaging industry, EPL Ltd and Indovida India Pvt Ltd have announced a definitive merger, creating a $1 billion revenue powerhouse, with a combined valuation of $2 billion. This strategic union brings together EPL's dominance in flexible tube packaging and Indovida's expertise in rigid PET solutions.

By merging their complementary portfolios, the new entity aims to become the premier consumer packaging platform for emerging markets, with nearly 75% of its revenue expected to come from these high-growth regions.

The transaction is set to unlock big annual synergies, driven by operational efficiencies and scale benefits, accelerating global reach, and long-term sustainable growth. T...