EBRD acquires majority stake in Turkish flexible packaging maker Korozo

The European Bank for Reconstruction and Development (EBRD), together with Esas Holding and Actera, has acquired a majority stake in Korozo Ambalaj, a Turkish flexible packaging producer. The deal includes a USD 1 million Clean Technology Fund loan to reduce waste. It was reported on 10 May 2017.

“the new shareholders are moving to unlock the company's growth potential and increase its competitiveness and integration in international markets.”ceelegalmatters.com

• 1 source
• ceelegalmatters.comPaksoy Advises EBRD on Acquisition of Majority Stake in KorozoMay 10, 2017

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