Greiner Packaging expands its market position in Turkey


Greiner Packaging (Kremsmünster, Austria) is expanding its international footprint with the recent acquisition in Turkey. The leading manufacturer of plastic packaging has acquired a 51% stake in the companies Teknik Plastik and Teknik IML from the Özata Group, making Greiner Packaging the market leader in rigid plastic packaging for dairy products in Turkey.

“We 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," says Axel Kühner, Chairman of Greiner Holding AG. The acquisition reflects the company’s medium-term initiative to grow outside of Europe.

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