The board of Işbir Sentetik Dokuma decided on September 22, 2026 to merge with its 100% subsidiary İnter Tekstil Ambalaj by takeover under the simplified procedure, using financial statements as of July 31, 2026.
Ringmetall SE agreed to acquire Makplast Makine Plastik Sanayi ve Ticaret A.Ş., an Istanbul-based maker of liners for industrial food and beverage packaging, via a share deal. The purchase price was not disclosed and the company has about 45 employees.
Mondi bought 90.38% of Turkish corrugated packaging company Olmuksan, following its earlier plan to acquire the shares from International Paper for US$80.6m.
Multi-Color Corporation has acquired Korsini, an Izmir-based in-mold label solutions provider, expanding its IML network. Financial terms were not disclosed.
Mondi's Turkish corrugated subsidiaries Mondi Tire Kutsan and Mondi Olmuksan merged into Mondi Turkey Oluklu Mukavva, effective 30 September 2022. The announced merger operates nine corrugated plants, a containerboard mill in Tire and a waste paper facility in Adana.
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.
Huhtamaki is acquiring Elif, a Turkey and Egypt based supplier of sustainable flexible packaging, for GBP 350 million, expanding its flexible packaging footprint into Turkey.
Mondi completed the acquisition of a 90.38% stake in Olmuksan International Paper Ambalaj from International Paper for 66 million euros on June 1, 2021. The implied enterprise value on a 100% basis is about 88 million euros.
Constantia Flexibles has signed an agreement to acquire 100% of Turkish flexible packaging maker Propak Ambalaj from Yıldız Holding's Gözde Girişim for EUR 120 million, subject to legal approvals.
I.P. Container Holdings, majority shareholder of Olmuksan, signed a share purchase agreement with Mondi Corrugated for 90.38% of Olmuksan for EUR 66.4 million, per Bloomberg HT reporting.
Mondi agreed to acquire a 90.38% stake in Olmuksan International Paper Ambalaj, a listed Turkish corrugated packaging producer with five plants, from International Paper for €66 million, with completion expected in the first half of 2021.
Saica Group has signed an agreement to acquire Norm Ambalaj's plant in Sakarya, Turkey, which employs 159 people and adds 75 million square meters of corrugated board capacity. The deal is subject to Turkish antitrust approval.
Koenig & Bauer agreed to take over 80 per cent of folder gluer maker Duran Machinery's business in Istanbul, integrating it as Koenig & Bauer Duran.
Polinas, a Yildiz Holding film manufacturer, acquired Propak, a Turkish converter of flexible packaging for snacks, confectionery and nuts, with MP Corporate Finance advising the sellers. The deal's value was not disclosed.
Turkish flexible packaging maker Korozo Ambalaj signed stock transfer and partnership agreements with private equity firm Actera Group. The transaction awaits Turkish Competition Authority approval.
The EBRD, private equity firm Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, a Turkish flexible packaging producer that is building a new facility in Corlu, Tekirdag.
The EBRD, private equity investor Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, Turkey's leading flexible packaging producer. The deal includes a US$1 million Clean Technology Fund loan, and Korozo is building a new plant in Çorlu, Tekirdağ.
Sources say Bedminster Capital has authorized the sale of its 80% stake in Turkish packaging company Propak Ambalaj, with Constantia Flexibles among four interested bidders. Propak did not comment.
Dunapack Packaging, through Mosburger GmbH, has closed the purchase of Eskisehir-based corrugated packaging plant ESK from Sisecam Group, which has an annual volume of about 160 million m2 (80,000 tons).
Funding company Actera Group acquired a majority stake in Korozo, a Turkish packaging firm with nine factories in Istanbul and Izmir, according to media reports. The deal awaits Competition Authority approval.