Parekh Aluminex Ltd is in process of acquiring 100% shares of American Foils Inc based in USA, by which it will become a wholly owned subsidiary of the company. American Foils Inc. is engaged in the manufacture of Aluminium Pans / Rolls / Containers / Foils etc. The acquisition would help reinforce the presence of the company in North America.P
arekh Aluminex is engaged in manufacturing and sale of Aluminium Foil Containers (AFCs), its lids and covers and Aluminium Foil Rolls (AFRs). The products find its application in packaging of food items in travel industry such as Airlines, railways, fast food chains, restaurants, hotels etc and in household uses.