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Industry NewsALPLA acquires all shares from joint venture partner Taba

ALPLA acquires all shares from joint venture partner Taba

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ALPLA acquires all shares from joint venture partner Taba

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ALPLA fully integrates the site in Egypt into the Group with the acquisition of all shares from joint venture partner Taba. The globally active packaging and recycling specialist manufactures plastic bottles, preforms and closures for the markets of North Africa and the Middle East at its plant in 10th of Ramadan City near Cairo. Since 2024, the site has also been the central accounting service hub for the entire Africa, Middle East & Turkey (AMET) region.

ALPLA continues to invest in the growth region of North Africa. Eight years after ALPLA TABA was founded in Egypt, majority shareholder ALPLA is taking over all the shares of the joint venture partner Taba. The international packaging and recycling specialist thus completes the integration of the site in the Cairo metropolitan region. ‘The close cooperation with Taba has laid the foundation for our success. During our time together, we have consolidated our market-leading position. Now we are taking the next step,’ says Javier Delgado, regional managing director AMET at ALPLA.

ALPLA employs around 450 people at its state-of-the-art production plant in 10th of Ramadan City. They use injection blow moulding (IBM), injection stretch blow moulding (ISBM), extrusion blow moulding (EBM) and injection moulding (IM) technologies to produce high-quality plastic bottles, closures and preforms for the food, beverage, household and beauty care industries as well as the pharmaceutical industry. In addition to international brand manufacturers, ALPLA also supplies local companies.

Focus on pharma and recycling

With its start in Egypt, ALPLA expanded its portfolio to include standard packaging for pharmaceutical products and is now one of the country’s leading manufacturers. ‘The expertise and experience of our partner Taba helped us greatly in the successful development of this business,’ reports Delgado. ALPLA and Taba will remain linked in the future: The joint venture DEPACK, based in the 10th of Ramadan City Industrial Park, manufactures food packaging using thermoforming technology.

ALPLA is also a pioneer in recycling. The company has been processing post-consumer recycled material (PCR) for many years, thereby strengthening the local circular economy. ‘Everywhere in North Africa and the Middle East, the need for safe, affordable and sustainable packaging solutions is growing. As a system provider and technology market leader with 70 years of experience, we implement these from a single source. Our presence in Egypt plays a key role and has also been home to our central Accounting Service Hub since 2024,’ emphasises Tarek Bassiouni, Regional Head of Finance & Controlling AMET at ALPLA.

The shares were acquired on 16 December 2024. The parties to the contract have agreed not to disclose the conditions.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

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