Dunapack Packaging Acquires Turkey-based Cami Ambalaj Sanayi
Print this Article | Send to Colleague
Dunapack Packaging (Wiener Neudorf Austria) announced this past week the company division has signed an agreement to purchase the corrugated business of Turkish packaging producer Camiş Ambalaj Sanayi A.Ş.
The Eskişehir based corrugated packaging plant of Camiş Ambalaj Sanayi A.Ş is located south-east of Istanbul with an annual sales volume of approximately 160 million sq. meters of corrugated packaging (80,000 tons). The company is specialized in shelf-ready, transportation, and storage packaging.
"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 Dentaş Ambalaj in 2013, it also shows our strong commitment to this dynamic and growing market in Turkey," said Cord Prinzhorn, CEO of Prinzhorn Group (owner of the Dunapack division).
With the acquisition of this 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 1.8 billion sq. meters (900,000 tons) of corrugated packaging, which is said in the release to be an important step to reach the company's strategic goal of doubling its production within the upcoming years.
Dunapack Packaging is part of Prinzhorn Group. Prinzhorn Group employs 6,000 people in 15 countries and ranks among the European market leaders in the recycling, paper and packaging industry.
