# EBRD and Esas Holding acquire majority stake in Korozo Ambalaj

The European Bank for Reconstruction and Development (EBRD) and Esas Holding venture capital firm have acquired a majority stake in Korozo Ambalaj, a Turkish flexible packaging manufacturer. The company is also building a new facility in Çorlu, Tekirdağ province.

- Type: Acquisition
- Announced: 2017-04-26
- Where: Istanbul (headquarters); new facility in Çorlu, Tekirdağ province, Türkiye
- Status: announced
- Products: flexible packaging for food and confectionery
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Esas Holding](https://endata.com/companies/1324.md) (investor)
- [Korozo Ambalaj](https://endata.com/companies/1337.md) (target)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)

## Sources

- [confectionerynews.com](https://www.confectionerynews.com/Article/2017/04/26/Korozo-Ambalaj-flexible-packaging-to-expand-internationally/), 2017-04-25: "Korozo is a great example of an ambitious Turkish firm which has started as a family business and grown into a truly international player."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.