LEAP India Subsidiaries Acquire Business Undertakings for ₹102 Cr
LEAP India Ltd announced that its wholly-owned subsidiaries, Vimprotech Private Limited and Total Integrated Packaging Solutions Private Limited, have executed Business Transfer Agreements (BTAs) to acquire the business undertakings of Vimprotech and TIPS, respectively. The acquisitions are on a slump sale basis for a total cash consideration of ₹102 crores. Vimprotech, a manufacturer of vacuum-formed, thermoformed, and injection-moulded products, had a revenue of ₹47 crores in FY25-26. This move is expected to enhance LEAP's capabilities through backward integration, strengthen its design capabilities, broaden its product portfolio, and generate operational efficiencies. The acquisition of Vimprotech Business is anticipated to be completed by Q3 FY2026-27, subject to fulfillment of conditions precedent.
Key Highlights
- LEAP India's subsidiaries acquire two business undertakings for ₹102 Cr.
- Acquisitions are on a slump sale basis, enhancing backward integration.
- Vimprotech had FY25-26 revenue of ₹47 Cr.
- Transaction expected to strengthen design capabilities and operational efficiencies.
- Completion targeted for Q3 FY2026-27.
Price Impact
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