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Kanpur Plastipack (KPL) announced the acquisition of UK-based Valex Ventures for ₹8.02 Cr, securing a 76.19% stake. Valex distributes industrial-grade Flexible Intermediate Bulk Containers (FIBCs), expanding KPL's geographical reach into the UK market. The acquisition consideration includes ₹6.76 Cr via a preferential share issue to promoter Mr. Manoj Agarwal and ₹1.26 Cr in cash. Valex reported FY25 revenue of GBP 1.17 million, demonstrating growth from GBP 0.49 million in FY23. This strategic move is poised to enhance KPL's international market presence. Shareholder approval is sought for the acquisition and preferential issue.