Core Insights - Ringmetall has signed an agreement to acquire Turkey-based Makplast, a producer of liners for industrial packaging, to enhance its presence in Turkey and strengthen its liner business segment [1][3] Group 1: Acquisition Details - The financial terms of the acquisition remain undisclosed and will be completed through a share purchase [1] - Makplast specializes in liners for various liquid packaging sectors, including food and beverages, and employs 45 people with annual revenues in the mid-single-digit million range [2] - The acquisition aligns with Ringmetall's strategy to grow existing business areas through targeted company purchases, funded by pre-arranged credit facilities [2] Group 2: Strategic Importance - Ringmetall's CEO, Christoph Petri, emphasized that acquiring Makplast is a logical step in their buy and build strategy, reinforcing their market position in Turkey, which is viewed as a strategically important growth market [3] - The integration of Makplast into the Ringmetall Group is expected to take place over the next several months [3] Group 3: Previous Acquisitions - In the previous year, Ringmetall acquired a stake in Evopack, a start-up focused on industrial packaging solutions, which has developed a bag-in-box system for storing liquids and granulates [3][4]