LEAP India544865Acquisition deal news
LEAP India subsidiaries to buy Vimprotect for Rs. 102 crore and TIPS for Rs. 40 crore
By ScoutQuest · · 1 min read
- Consideration - Vimprotect
- Rs. 102 crores for the Vimprotect business
- Consideration - TIPS
- Rs. 40 crores for the TIPS business
- Extent Acquired
- 100% of the business undertakings of Vimprotect and TIPS, on a slump sale, going-concern basis
- Target
- M/s Vimprotect (sole proprietorship firm of Ms. B. Sumitha) and Total International Packaging Solutions (TIPS), a partnership firm
- Transaction
- Acquisition of business undertakings by wholly owned subsidiaries (slump sale)
LEAP India subsidiaries to buy Vimprotect for Rs. 102 crore and TIPS for Rs. 40 crore.
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More numbers
- Cash consideration for Vimprotect businessRs. 102 crores
- Cash consideration for TIPS businessRs. 40 crores
- Vimprotect total revenue FY2025-26Rs. 47 crores
- TIPS total revenue FY2025-26Rs. 18 crores
- LEAP market share in organised pallet-pooling90%
- Customers added to network200
Source: BSE · 26 Oct 2026
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