BY KERIM ULKER
The Switzerland-based flexible packaging manufacturer Aluflexpack AG has acquired an 80% share in Teko Aluminyum, which mainly produces aluminum for the manufacturing industry and aluminum caps for the dairy and beverages sectors.
The Swiss company previously acquired the pharmaceutical aluminum packaging manufacturer Arimpeks in Turkey.
Aluflexpack AG benefitted from the consultancy services of Ventura Partners for the acquisition, as it did during its acquisition of Arimpeks.
Aluflexpack AG, which operates manufacturing plants in Switzerland, France, Poland, Turkey, and Croatia, employs around 1,300 people. The company is listed on the SIX Swiss Exchange.