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Beauty Launches, Mergers and Acquisitions

AR Packaging Signs Partnership Agreement

Will work with Egem Ambalaj Sanayi

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By: Jamie Matusow

Editor-in-Chief

ÅR Packaging Group AB, Lund Sweden, and Egem Ambalaj Sanayi ve Ticaret A.Ş, Izmir Turkey, have signed a strategic partnership agreement. Under the terms, they will establish a cooperation in the manufacture, purchasing, sale and marketing in Turkey of packaging made out of cardboard or other materials.
 
Harald Schulz, president and CEO of AR Packaging, says: “With Egem as a reliable partner on our side, we are able to strengthen the Eurasian footprint that is key to the continued positive performance of our business. I ́m sure that our synergies will allow both companies to enter new markets on an enduring basis. We are very pleased to strengthen our collaboration through this agreement.’’
 
Muzaffer Buğdaycı, president and CEO of Egem Ambalaj, says: “The partnership we made with AR Packaging will strengthen our current market position and carry us onto an international platform. We will be able to take advantage of AR Packaging’s technology and know-how, which will improve our technical knowledge. This partnership will lead both companies to serve their multinational customers better and to work with them closely. This agreement will be a milestone for our long-term cooperation.”
 

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