# Aluflexpack acquires majority stake in Poland's Top System

Switzerland's Aluflexpack acquired a majority stake in Top System, a Polish maker of aluminium lids, PET lids and lidding foil for the dairy industry. The reported stake is 80%, and financial terms were not disclosed.

- Type: Acquisition
- Announced: 2020-09-18
- Where: Poland
- Status: completed
- Products: aluminium lids, PET lids, lidding foil
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Aluflexpack](https://endata.com/companies/7033.md) (acquirer)
- [Top System](https://endata.com/companies/7034.md) (target)

## Sources

- [ceelegalmatters.com](https://ceelegalmatters.com/poland/14586-dla-piper-warsaw-advises-on-sale-of-stake-in-top-system-to-aluflexpack), 2020-09-18: "DLA Piper has advised the founder of Top System, a flexible packaging company in the dairy industry in Poland, on the sale of a majority stake to Switzerland's Aluflexpack."

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