Borosil Acquires 60% Share In Glass Packaging Firm Klasspack

New Delhi: Borosil Glass Works has acquired 60.3 per cent shares in Nashik-based Klasspack, a glass packaging firm, for an undisclosed amount. Borosil Glass Works is the market leader for laboratory glassware and microwavable kitchenware in India. It acquired the majority stake on July 29, 2016 mainly by way of fund infusion and smaller secondary purchase of shares. The move would help the firm to tap the primary glass packaging ma...