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  2. greiner packaging acquires turkish company

greiner packaging acquires turkish company

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By admin on Fri, 06/19/2015 - 14:35

greiner packaging is expanding its international market position through an acquisition in turkey. greiner packaging has acquired a 51 majority in the companies teknik plastik and teknik iml from the &oumlzata group, making greiner packaging the market leader in rigid plastic packaging for dairy products in turkey. &ldquowe are systematically carrying on the globalization strategy with this expansion to turkey, and this represents the first step toward markets in the middle east and asia&quot, says axel k&uumlhner, chairman of greiner holding ag. the acquisition reflects the company&rsquos mediumterm strategy to grow outside of europe in the future. both companies, teknik plastik and teknik iml, are headquartered in istanbul and had been part of the &oumlzata group under the board chairman, mustafa &oumlzilhan. acquiring the group allows greiner packaging to combine decades of amicable commercial partnership. &ldquothe new acquisition in turkey is confirmation of the successful international trail that we are currently blazing with greiner packaging,&rdquo says willi eibner, ceo of greiner packaging international. &ldquowe can continue expanding our competence and now have even more options to respond to the wishes of customers from abroad.&rdquo teknik plastik established in 1967, teknik plastik produces a wide variety of food packaging using a broad technology portfolio. its core strength lies in packaging solutions for the dairy industry. teknik plastik is brciop and iso 9001 certified. teknik iml was established in july 2004. it is a very successful commercial enterprise and has become a branch leader in turkey. teknik iml specializes in inmoldlabeling iml technology, and is also able to adapt quickly to new market requirements. teknik iml operates according to brciop, the global standard for packaging and packaging materials, and holds the iso 9001 certificate.

httpwww.worldpressonline.compressreleasegreinerpackagingacquiresmajorityinteres…
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