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Propak received its first 2025 support decision from the Suwalki Special Economic Zone to increase production capacity at its existing paper and cardboard packaging plant in Augustow, Poland.
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.
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.