Aluflexpack AG (SWX:AFP) agreed to acquire 80% stake in Teko Aluminyum Sanayi Anonim Sirketi on April 4, 2022. Ventura Partners acted as consultant to Aluflexpack. The net sales of the acquired business were approximately 16 million in 2021.
The transaction is expected to close in Q2 2022. Ernst & Young Corporate Finance GmbH acted as financial advisor to Aluflexpack AG (SWX:AFP).