Wimco has been producing tube-filling machines since 1985. Credit: Bindwel.

Impel Services, the parent company of Bindwel and Stelda, has made a strategic expansion into primary packaging solutions with the acquisition of ITC Group’s Wimco. 

As part of the transaction, Impel Services acquired the designs, intellectual property, and trademarks of Wimco’s cartoning and tube-filling technologies.  

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

This move positions Impel-Stelda to offer comprehensive primary packaging solutions across various industries. 

Based in India, Wimco has been producing tube-filling machines since 1985. 

The company specialises in toothpaste, skincare, pharmaceuticals, and industrial products.  

The acquisition aligns with Impel-Stelda’s growth and innovation strategy within the packaging sector.  

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Impel group managing director Pallippuram Sajith said: “Stelda has successfully expanded in end-of-line packaging but has observed a growing industry trend where investments increasingly focus on upstream needs.” 

The addition of tube-filling and cartoning capabilities into the company’s portfolio will enable it to address the specific requirements of this industry without compromising product integrity and safety during the packaging process. 

Following the acquisition, Impel-Stelda is set to invest in Wimco’s technology and team to further enhance its capabilities and deliver even greater value to customers.  

“Our investment in Wimco is just the beginning. Our goal is to take its already well-regarded machines and transform them into best-in-class solutions, surpassing customer expectations in terms of speed, accuracy, and turnaround times,” Sajith added. 

Impel-Stelda expects to improve efficiency and customer satisfaction by offering comprehensive primary and secondary packaging solutions.