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Essentra has a successful joint venture with ITC in Filter Products, which includes a further two manufacturing facilities and 150 employees.
It has been present in India for 16 years, and employs 170 people in Bangalore, and through this acquisition will create an additional 120 local jobs.
Headquartered in the UK and listed on the FTSE 250, Essentra has c. 9,000 employees across 33 countries.
Mr P T Sreekumar, MD - Asia, Essentra, said: "With its highly complementary product range, Kamsri provides us with an entry point into the attractive pharmaceutical and healthcare industries in India, thereby reinforcing our global packaging capabilities and enhancing the opportunities for our customers.
Our Health & Personal Care Packaging business now has a manufacturing presence in North America, Europe and India, and ships our extensive range of innovative products to 75 countries worldwide."