# Plastopil completes acquisition of Polishak flexible packaging company

Plastopil's wholly owned subsidiary completed the purchase of Polishak, a MOPE film maker for flexible packaging based at Nir Yitzhak, for about NIS 22 million plus about NIS 9 million of acquired inventory. Polishak exports about 98% of output mainly to Europe and the US.

- Type: Acquisition
- Announced: 2023-04-18
- Where: Nir Yitzhak, Israel
- Value: $6.00M (22.0M ILS)
- Status: completed
- Products: MOPE polyethylene films, shrink labels, flexible packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Plastopil](https://endata.com/companies/10478.md) (acquirer)
- [Polishak](https://endata.com/companies/10479.md) (target)

## Sources

- [ice.co.il](https://www.ice.co.il/finance/news/article/959246), 2023-04-18: "חברה בת בבעלות מלאה השלימה את רכישת חברת 'פולישק', תמורת סכום של כ-22 מיליון שקל."

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