AG Group Strengthens Its Foothold in India with Strategic Acquisition of AG Petuela

AG Group acquires AG Petuela to bolster its manufacturing strength in Western India. This move enhances production capabilities and optimizes supply chain efficiency, while the integration of AG Petuela promises to drive innovation and add value for its client base, solidifying AG Group's leadership in the packaging industry.

Devdiscourse News Desk | New Delhi | Updated: 16-05-2025 18:52 IST | Created: 16-05-2025 18:52 IST

AG Group Strengthens Its Foothold in India with Strategic Acquisition of AG Petuela — AG Group Scales New Heights: Acquires AG Petuela, Launches R&D Center and Surpasses Rs210 Cr. Image Credit: ANI

Country:
India

AG Group, a prominent entity in the rigid plastic packaging sector, has announced the acquisition of AG Petuela Pvt. Ltd. in a strategic move to bolster its presence in Western India. This acquisition significantly augments the group's manufacturing capabilities, as stated by Managing Director Gaurav Daga.

Located in Umbergaon, Gujarat, AG Petuela operates a comprehensive 5,600 sq. meter facility equipped with advanced machinery and diverse packaging solutions. The site's proximity to key seaports is anticipated to enhance export operations and strengthen global supply links for AG Group.

This acquisition comes as AG Group's flagship, AG Poly Packs, reports a turnover exceeding Rs210 crores. Amidst its victory, the Group is advancing its innovation drive through a newly inaugurated R&D center focusing on cutting-edge product design and sustainable materials—escalating AG Group's leading stance in the packaging domain.

(With inputs from agencies.)