# SIG takes full ownership of Middle East and Africa joint venture SIG Combibloc Obeikan

SIG completed the acquisition of the remaining 50% of its Middle East and Africa joint venture, SIG Combibloc Obeikan, from Obeikan Investment Group. The business is fully consolidated from end-February 2021.

- Type: Acquisition
- Announced: 2021-02-26
- Where: Middle East and Africa
- Status: completed
- Products: aseptic carton packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SIG Combibloc](https://endata.com/companies/2294.md) (acquirer)
- [Obeikan Investment Group](https://endata.com/companies/7273.md) (partner)

## Sources

- [sig.biz](https://www.sig.biz/en/media/press-releases/sig-takes-full-ownership-of-joint-venture-in-middle-east-and-africa), 2021-02-26: "SIG today announced the successful completion of the transaction to acquire the remaining 50% in its Middle East and Africa (MEA) joint venture, SIG Combibloc Obeikan."

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