Announced
Completed
Financials
Tags
Cross Border
Majority
Completed
Friendly
Private
Containers and Packaging
rigid film
Single Bidder
Turkey
Acquisition
Synopsis
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.
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