Miracle Group acquires Sattik Packaging and Shivalik Container

In a strategic move to bolster its footprint across India, Miracle Group has completed the acquisition of West Bengal-based Sattik Packaging and Himachal Pradesh-based Shivalik Container.

03 Apr 2024 | By Rahul Kumar

The Agarwal brothers of Miracle Group of Companies

This marks a significant milestone in Miracle Group's expansion strategy, emphasising its commitment to enhancing its market presence and service offerings in the packaging sector. 

These acquisitions are a testament to Miracle Group’s vision of creating a robust national presence in the packaging industry, further strengthening its ability to deliver unparalleled value to its customers. 

Sattik Packaging and Shivalik Container will enable the conglomerate to offer a more diversified product range and extend its reach to new markets, thereby facilitating greater operational efficiencies and customer satisfaction.

Sattik Packaging, a prominent name in the corrugated boxes, mono cartons and rigid packaging industry and Shivalik Container, well-regarded for its innovative corrugated packaging solutions, are known for their exceptional quality and customer service within their respective territories. 

By integrating these two entities, Miracle Group aims to leverage its local expertise and manufacturing capabilities to dominate its position in the packaging space.

Hemendra Agarwal, MD, Miracle Group, said, “Sattik Packaging and Shivalik Container have well-established market presence in West Bengal and Himachal respectively, combined with their industry expertise, make them a perfect fit for our growth strategy. This acquisition not only enhances our product portfolio but is also a stepping stone towards our commitment to deliver complete packaging solutions across India.”

The leadership teams of Sattik Packaging and Shivalik Container will continue to play a vital role in the combined entity, bringing their valuable experience and insights to fuel further innovation and growth within the Miracle Group. 

“Miracle’s R&D, technical expertise, aggression and commitment to customers will play a pivotal role in the packaging space of this region, and bring these products to a wider audience,” Sanjay Saha from Sattik Packaging and Girish Sardhana from Shivalik Container, said.