Dunapack Packaging to acquire Turkish corrugated operation

Dunapack Packaging, part of the Austria-based Prinzhorn Group, has signed an agreement to acquire the corrugated business of the Turkish company Camis Ambalaj Sanayi A.S. The facility being acquired, located in Eskisehir, Turkey, produces 80,000 tonnes of corrugated packaging per year.

Cord Prinzhorn, CEO of Prinzhorn Group, says, “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 shows our strong commitment to this dynamic and growing market in Turkey.”

With the acquisition of this plant, Dunapack will operate four box plants in Turkey. The company has a total of 18 corrugated plants in 10 countries. With the acquisition Dunapack also expects to increase its overall production to 900,000 tonnes of corrugated packaging per year.

Alexander Enzenberg, managing director of Dunapack’s Packaging Division, says, “The acquisition of the corrugated business of Camis Ambalaj Sanayi A.S brings us state-of-the-art technology and a highly motivated staff. This will allow us to deliver innovative and creative packaging solutions to an even wider range of clients in the region.”

Prinzhorn Group operates in 15 countries with a significant presence in the recycling sector with its Hamburger Recycling Group subsidiary, its collection and recovered fibre trading division.