TRANSACTIONS / Sale of Arimpeks to Aluflexpack

BACK
Aluflexpack Group, a leading European flexible packaging manufacturer and a member of Switzerland based Montana Group, acquired majority shareholding in Arimpeks Alüminyum, a leading producer of aluminum packaging in Turkey.

Ventura Partners acted as exclusive financial advisor to the shareholders of Arimpeks on the transaction.

Established in Istanbul/Turkey in 1987, Arimpeks manufactures mainly aluminum foil and OPP, PET and PE based packaging. Serving the food and pharmaceutical industries with its 60 employees, Arimpeks has an annual production capacity of about 2,500 tons.

Aluflexpack, a leading European manufacturer of flexible packaging and aluminum foils became a unit of Swiss paper and metal packaging firm Montana Group in 2012. Aluflexpack serves the food, dairy, pet food and pharmaceutical sectors with around 800 employees; Nestle, Ferrero, Lactalis, Parmalat and Ritter Sport are among the major customers. Aluflexpack has production facilities in Croatia, Poland, France, and Switzerland.