# Actera Group acquires majority stake in Turkey's Korozo packaging firm

Funding company Actera Group acquired a majority stake in Korozo, a Turkish packaging firm with nine factories in Istanbul and Izmir, according to media reports. The deal awaits Competition Authority approval.

- Type: Acquisition
- Announced: 2017-01-23
- Where: Istanbul and Izmir, Türkiye
- Status: announced
- Capacity: packaging production capacity of more than 98,000 tons/year
- Products: packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Actera Group](https://endata.com/companies/799.md) (acquirer)
- [Korozo](https://endata.com/companies/800.md) (target)

## Sources

- [chemorbis.com](https://www.chemorbis.com/en/plastics-news/Turkey-s-Korozo-acquired-by-Actera-Group/2017/01/24/680693), 2017-01-23: "According to media reports, the majority stake of Korozo, one of the largest packaging firms in Turkey, was acquired by Actera Group, a funding company, with two parties signing the contract yesterday."

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