# Aluflexpack acquires 80% stake in Turkish aluminum maker Teko Aluminyum

Swiss packaging maker Aluflexpack AG has acquired an 80% share in Teko Aluminyum, which produces aluminum for manufacturing and aluminum caps for dairy and beverage sectors. The deal value was not stated.

- Type: Acquisition
- Announced: 2022-04-05
- Where: Türkiye
- Status: completed
- Products: aluminum for manufacturing industry, aluminum caps
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Aluflexpack](https://endata.com/companies/7033.md) (acquirer)
- [Teko Aluminyum](https://endata.com/companies/9105.md) (target)

## Sources

- [trmonitor.net](https://www.trmonitor.net/swiss-aluflexpack-becomes-majority-shareholder-of-teko-aluminyum/), 2022-04-05: "The Switzerland-based flexible packaging manufacturer Aluflexpack AG has acquired an 80% share in Teko Aluminyum"

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