Peker Holding Acquires Majority Stake in Kartonsan for $72 Million

Peker Holding has announced the signing of an agreement to acquire a majority stake in Kartonsan A.Ş. as part of its growth strategy. The company stated that the investment is valued at approximately $72 million. Kartonsan is known for its operations in the paper and cardboard production sector. Peker Holding aims to strengthen its presence in the industry through this acquisition. With the completion of the deal, changes in Kartonsan's management and operational processes are anticipated. The holding emphasized that this step is part of its long-term growth plans. The investment amount and share transfer details have been clarified through official statements from the companies. Peker Holding's move reflects consolidation trends in the paper sector. This is not investment advice.