# Sarantis acquires remaining 20% of Polipak for 22 million PLN

Sarantis Group completed on June 14, 2023 the acquisition of the 20% minority stake in Poland-based packaging maker Polipak sp. z o.o. for 22 million PLN via its subsidiary Sarantis Polska, giving it full ownership.

- Type: Acquisition
- Announced: 2023-06-14
- Where: Poland, Poland
- Value: $5.00M (22.0M PLN)
- Status: completed
- Products: foil packaging, plastic bags
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Polipak](https://endata.com/companies/6553.md) (target)
- [Sarantis](https://endata.com/companies/10683.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SARANTIS-S-A-1408790/news/Sarantis-S-A-Announcement-regarding-the-acquisition-of-the-minority-shareholder-rights-in-Polipak-44120787/), 2023-06-15: "Sarantis Group announces that it has successfully completed on June 14 2023 the acquisition of the 20% of the share capital of the company Polipak sp. z o.o."

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