ABOUT EPL Ltd.
EPL ltd (formerly known as Essel Propack Limited),is the largest specialty packaging global company, manufacturing laminated plastic tubes catering to the Beauty & Cosmetics, Pharma & Health, Food, Oral and Home.
The company was acquired by the Blackstone group on Aug – 2019 from the Essel group of companies. The Blackstone Group is one of the leading investment firms in the world with an AUM of around USD 511 billion across sectors like private equity, real estate, hedge fund solutions and credit businesses. The Group also has an exposure in the packaging industry through acquisition of varied companies such as the USA based Graham Packaging, Owens-Illinois Inc, Ohio and China based packaging firm ShyaHsin.
KEY POINTS
Increasing Global Footprints –EPl is the global leader in the laminated tubes packaging and they are number one global speciality packaging company and Every 1 in 3 toothpaste package is manufactured by the company.
Geographical and Product segments – Asia contributes 55 % of its Total revenue (India alone contributes 29 % of the total sales), Europe contributes 19 % and the rest from the American and south African nations. Oral care segment contributes 55 % of its revenue and the rest from the personal care segment.
Long standing Customer relationship - It has established strong relationships with reputed multi-national and Indian clients such as P&G, Colgate, Unilever, GSK, Reckitt Benckiser, Johnson & Johnson, Dabur, Emami, Himalaya, Patanjali, etc.. Their strong relationship with its customer has helped to maintains its leading market share and to face the competition from the unorganised players.
Debt Reduction – After the Acquisition by the Blackstone group, the company have brought down their debts significantly.
First in the Industry - Company was the first in the industry to obtain the certification from the Association of Plastics Recycler (APR, USA) which is a 100% recyclable Laminate. They have launched sanitizers in tube forms which are widely accepted across globe. EPL on boarded 50 new customers across globe for the said product.
Innovation - EPL has been focusing on research and development and has been working closely with customers to identify their requirements. At end-FY20, the company had filed 154 patent applications, of which 59 patents were granted.
Strategic Acquisition - EPL's board approves to Acquire Creative stylo packs pvt ltd.This acquisition will help the EPL to further strengthen its Beauty and cosmetics category which are growing rapidly.