M&As this week: Idea Box Capital, KOROZO Ambalaj San.ve

27 April 2017 (Last Updated April 27th, 2017 18:30)

Private equity firm, Idea Box Capital, has announced the acquisition of Drukarnia Ekspres Z Adamska W Adamski Z Kaczmarek from Leszek Czarnecki.

Private equity firm, Idea Box Capital, has announced the acquisition of Drukarnia Ekspres Z Adamska W Adamski Z Kaczmarek from Leszek Czarnecki.

Drukarnia Ekspres specialises in solid and corrugated cardboard packaging and wrapping business.

All the companies involved in the acquisition are based in Poland.

Turkey-based flexible packaging manufacturer, KOROZO Ambalaj San.ve Tic, has entered an agreement with European Bank for Reconstruction and Development (EBRD), Actera Group, and ESAS Holding to sell majority of its stake.

EBRD is a UK-based finance and capital market services provider, while Actera and ESAS Holding are Turkey-based private equity firms.