Klockner Pentaplast completed the acquisition of Farmamak from Gozde Girisim for $47m.

Klockner Pentaplast, a global rigid film producer, completed the acquisition of Farmamak, a packaging company, from Gozde Girisim Sermayesi Yatırım Ortaklıgı, a Turkey-based private equity investment firm, for $47m. “Always a pioneer and innovator in its field, Farmamak introduced many industry firsts and achieved sustainable growth over a number of years. I am sure that under the ownership of Klöckner Pentaplast, the business will further build on this solid heritage and see further growth,” Mustafa Aydemir, Gozde Girisim CEO.