Borosil Glass Works acquires 60.3% stake in Klasspack

On 29 July 2016

Borosil Glass Works announced the acquisition of 60.3% stake in Klasspack on 29 July 2016 for an undisclosed amount.

Klasspack is a closely held company with manufacturing facilities in Nashik, Maharashtra. It manufactures Glass Ampoules and Tabular Glass Vials used as primary packaging materials by pharmaceutical companies.

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