acquired 100% of
€120 million
2021
Advisor to the Seller
Propak is a leading flexible packaging manufacturer in Turkey, exporting 70% of its production mainly to Western Europe. The company is owned by Yıldız Holding, owned by Ülker family.
Constantia Flexibles based in Austria is the world's third largest producer of flexible packaging. The company operates 37 facilities in 16 countries with 8,300 employees.
Constantia Flexibles acquired 100% of Propak.
acquired 100% of
2021
Advisor to the Seller
USK is a leading carboxymethyl cellulose (CMC) and polyanionic cellulose (PAC) manufacturer in EMEA and in Turkey with an annual production capacity of 40,000 tons. Exports to over 60 countries account for approximately 80% of sales. The company employs around 250 people.
Ak-Kim is a manufacturer of inorganic, organic chemicals, textile auxiliaries, pulp and paper chemicals, water treatment chemicals, cement grinding and concrete admixtures. Ak-Kim is owned by Akkök Group, a leading conglomerate in Turkey with operations in chemicals, energy, real estate and textiles industries, with a turnover of US$2.6 billion.
Ak-Kim acquired 100% shareholding of USK.
acquired 75% of
2021
Advisor to the Seller
Plastmet Plastik and Plastmet Kalıp are among the leading Turkish manufacturers of plastic injection automotive parts and plastic injection molding tools.
Part of the leading global automotive supplier Samvardhana Motherson Group with revenues of US$10 billion, Samvardhana Motherson Reflectec (“SMR”) is a leading exterior mirror manufacturer globally and a pioneer in intelligent camera systems.
SMR acquired 75% of Plastmet Plastik and Plastmet Kalıp.
