Dunapack Packaging to acquire the corrugated business of Camis Ambalaj Sanayi in Turkey
(Germany, Sept. 14, 2016) The Dunapack Packaging Division, through Mosburger GmbH, announced on Sept. 1 that it has signed an agreement to purchase the corrugated business of Turkish Packaging Producer Camis Ambalaj Sanayi A.S. The company specializes in shelf-ready, transportation and storage packaging.
Terms of the deal were not disclosed.
The Eskisehir-based corrugated packaging plant of Camis Ambalaj Sanayi is located 280 km southeast of Istanbul with an annual sales volume of about 80,000 tons of corrugated packaging. The plant supplies clients in the food, beverage, glass, fresh fruit and vegetable industry sectors.
Cord Prinzhorn, CEO of family-owned Prinzhorn Group, commented, “This transaction is a unique opportunity for Dunapack to further enhance our position in the supply chain with environmentally friendly packaging and to provide our clients with the best service possible.
“After the acquisition of Dentas Ambalaj in 2013 it also shows our strong commitment to this dynamic and growing market in Turkey,” Prinzhorn added.
With the acquisition of the Camis Ambalaj Sanayi plant, Dunapack will operate four box plants in Turkey and will be represented in 10 countries, with 18 corrugated plants. Dunapack will increase its overall sales volume to 900,000 tons of corrugated packaging, which is an important step to reach the company’s strategic goal of doubling its production within the next years.
Dunapack Packaging is part of Prinzhorn Group. Prinzhorn Group employs 6000 people in 15 countries and ranks among the European market leaders in the recycling, paper and packaging industry. To learn more, please visit: www.prinzhorn-holding.com (Source: Prinzhorn Holding GmbH)
Pictured Above: Eskisehir-based corrugated packaging plant of Camis Ambalaj Sanayi