TRANSACTIONS / Sale of Teko to Aluflexpack

BACK
Aluflexpack AG, a leading European premium flexible packaging manufacturer acquired majority shareholding in Teko Aluminyum, Turkey’s leading flexible packaging manufacturer focused on the dairy and beverage industries.

Ventura Partners acted as the buy-side financial advisor to Aluflexpack AG on the transaction.

Founded in Istanbul/Turkey in 1974, Teko Aluminyum is the leading manufacturer of aluminium foils and lids especially for the dairy and beverage markets in Turkey. The product portfolio includes aluminium foils, laminated foils, precut lids and metal caps.

Switzerland based Aluflexpack AG is a leading manufacturer of aluminium based flexible packaging solutions such as coffee capsules, stand-up-pouches, aluminium trays, lids, and blister foils for the pharma market. Aluflexpack operates production facilities in Switzerland, France, Poland, Turkey and Croatia. The Company is listed on the Zurich stock exchange and employs approximately 1,300 people. In 2018, Aluflexpack entered the Turkish market through its acquisition of Arimpeks, a Turkish aluminium packaging manufacturer for the pharmaceutical industry.