02.14.19
ALPLA, based in Austria, has completed a 100% takeover of Zamil ALPLA. ALPLA and Zamil founded a joint venture in 2008, of which ALPLA previously held a 49% share. The acquisition will be completed in the first quarter of 2019.
After 10 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. Approximately 390 employees produce preforms and packaging made from HDPE and PET at three locations in Dammam, Jeddah (both in Saudi Arabia) and Dubai (United Arab Emirates).
After 10 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. Approximately 390 employees produce preforms and packaging made from HDPE and PET at three locations in Dammam, Jeddah (both in Saudi Arabia) and Dubai (United Arab Emirates).