Cord Prinzhorn, CEO of family-owned Prinzhorn Group, commented on the acquisition: ”Operating with a long term perspective is an integral part of our business strategy. With strong local management on board and state-of- the-art packaging technology at hand, we are confident to have built a solid basis for further growth in this important region.”
The plant in Eskişehir will operate in a separate legal entity and under the newly created Dunapack Türkiye brand. The well established and strong ties with all customers will continue. The legal status and branding of the three existing Dunapack Dentaş box plants remain unchanged.
Alexander Enzenberg, managing director of Dunapack Packaging Division said: “We are happy to have finalized this important transaction. As packaging is at the core of our business, our staff in Eskişehir and its customers can benefit from the vast know-how and experience we have gathered over the past decades.”
The Eskişehir based corrugated packaging plant Eskişehir has an annual sales volume of approx. 160 million m 2 of corrugated packaging (80.000 tons). The company is specialized in shelf-ready, transportation- and storage-packaging. It supplies blue-chip clients in the food, beverage, glass, fresh fruit and vegetable industry sectors.
The Prinzhorn Group
Dunapack Packaging is part of Prinzhorn Group. Prinzhorn Group employs 6000 people in 15 countries and ranks among the European market leaders in the recycling, paper and packaging industry. With an annual turnover of approximately 1,2 billion Euro the company is number three in Europe in this segment. The family-owned Prinzhorn Holding has its headquarters in Vienna/ Austria and is structured in three divisions: Hamburger Recycling Group (collection and trading of waste-paper), Hamburger Containerboard (production of containerboard) and Dunapack Packaging (corrugated packaging solutions).