Rajoo acquires 60% stake in printing/converting equipment firm
Building on synergy, Indian extrusion machinery firm Rajoo Engineers Ltd has invested in a 60% stake in Kohli Printing and Converting Machines Pvt. Subsequent to this acquisition, Kohli has become a subsidiary of Rajoo Engineers and will continue to operate under the founderof the company, Kaku Kohli.
While specific financial details of the acquisition were not disclosed, the cash transaction, completed recently, aligns with Rajoo's inorganic growth strategy and aims to expand its international presence. Kohli, a 70-year-old company specialising in precision printing, coating, and laminating machines, reported an unaudited turnover of INR103.05 crore for FY 2024-25.
Rajoo adds that by offering integrated solutions from extrusion to printing, laminating and slitting, the alliance will give one-stop solutions to converters, eliminating fragmentation and improving workflow efficiency.
Joint R&D initiatives and automation-led design will accelerate innovation, while unified manufacturing and service support will cater to responsiveness. It adds that the amalgamated platform covers packaging material producers across FMCG, pharmaceutical, agricultural, industrial and chemical applications.
Founded in 1972 and headquartered in Mumbai, Kohli Printing and Converting Machines provides rotogravure printing presses, laminators, and converting equipment, serving 40+ countries. It caters to high-speed, automated printing and lamination lines tailored for flexible packaging, labels, and specialty applications.
Founded in 1986 and based in Rajkot, Rajoo Engineers Limitedis a manufacturer of extrusion machinery, with a presence in over 70 countries. Rajoo specialises in blown film lines, extrusion coating and lamination line, sheet extrusion systems and thermoformers.
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