All three locations in the Middle East to continue operations
The packaging solutions specialist ALPLA, based in Austria, has completed a 100 per cent takeover of Zamil ALPLA. ALPLA and Zamil founded a joint venture in 2008, of which ALPLA previously held a 49 per cent share.
After ten years of close collaboration as part of a joint venture, ALPLA has acquired all the shares of Zamil ALPLA. The buyer will continue to run the company as before, and with all employees, under the name ALPLA. Around 390 employees produce preforms and packaging made from HDPE and PET at three locations in Dammam, Jeddah (both Saudi Arabia) and Dubai (United Arab Emirates).
The acquisition was signed on 27 December 2018 and will be completed in the first quarter of 2019. The contracting partners have agreed not to disclose any of the details of the agreement.
More information about the company: www.alpla.com
ALPLA is one of the leading companies involved in plastic packaging. Around 20,800 employees worldwide produce custom-made packaging systems, bottles, closures and moulded parts at 178 sites across 46 countries. The high-quality packaging is used in a wide range of areas, including for food and drinks, cosmetics and care products, household detergents, washing and cleaning agents, pharmaceutical products, engine oils and lubricants.
ALPLA operates its own recycling plants: PET Recycling Team with a site in both Austria and Poland, and in the form of collaborations in Mexico and Germany.