Positive Packaging acquires SGRE Labels
Flexible packaging manufacturer Positive Packaging Industries has acquired Bengaluru, India-based SGRE Labels. The acquisition follows the recent integration of ICM Packaging and equips the company with ‘state-of-the-art label packaging equipment and infrastructure’.
Pranesh Kankanwadi, group managing director of Positive Packaging, said: ‘We have observed the increased scope of requirements of our customers, who prefer to deal with a single supplier for a wider range of their packaging requirements. One of the requirements is labels. Being prompt to react to our customers’ needs, we clinched the opportunity to provide superior labeling solutions at par with global standards that Positive is known for.’
SGRE Labels has state-of-the-art European machines with additional equipment scheduled for commissioning in March 2013. The company has in-house design facility, managed by an experienced technical team and is equipped with HP Indigo digital printing and converting equipment.