March 7, 2019 | Announcements
GCA Advises ALPLA on the Acquisition of Zamil
GCA is pleased to announce we acted as exclusive financial advisor to ALPLA, a world leader in the packaging solutions sector, on the acquisition of the remaining 51% stake in the joint venture Zamil Alpla Plastic and its subsidiary Zamil Gulf Plastics. This transaction marks GCA’s third with ALPLA, as we previously advised the company on the acquisitions of South Africa-based packaging manufacturer Boxmore and Argo, a packaging provider headquartered in Greece.
Zamil ALPLA, headquartered in Saudi Arabia, provides high-quality plastic packaging products and preforms used primarily in the Middle Eastern food and cosmetics industries. The company operates manufacturing sites in both Saudi Arabia and Dubai.
ALPLA, based in Austria, employs 20,000 people worldwide and operates 178 production and recycling sites across 46 countries.
For the past ten years ALPLA and Zamil have collaborated closely as a joint venture. Following the 100% takeover of Zamil, operations will continue as before under the name ALPLA.
Through this acquisition, ALPLA will expand its market position in the pharma-related packaging sector and strengthen its presence in the Middle East.
About GCA
GCA is a global investment bank that provides strategic M&A and capital markets advisory services to growth companies and market leaders. The firm offers worldwide coverage with over 400 professionals in 21 offices across America, Asia and Europe. Built by the people that run the business, GCA is a firm of experts who focus on deals that require commitment, original perspective, skill and exceptional networks. Learn more at www.gcaglobal.com.