Austrian packaging manufacturer Alpla has acquired all shares from its joint venture partner Taba.
Alpla first entered a joint venture with the Egyptian bottle and closures maker in 2016. Since then, Alpla had majority shareholding in the company which operated under the name Alpla Taba.
“The close cooperation with Taba has laid the foundation for our success,” said Javier Delgado, regional managing director AMET at Alpla. “During our time together, we have consolidated our market-leading position. Now we are taking the next step.”
With the acquisition of the remaining shares, Alpla has fully integrated the Egyptian site, located in 10th of Ramadan City near Cairo, into the Alpla Group.
Alpla employs around 450 people at the production site. It uses injection blow moulding, injection stretch blow moulding, extrusion blow moulding, and injection moulding technologies to produce plastic bottles, closures, and preforms for the food, beverage, household, beauty care, and pharmaceutical. In addition to international brand manufacturers, Alpla also supplies local companies.
Since 2024, the site has been the central accounting service hub for the entire Africa, Middle East, and Turkey region.
“Everywhere in North Africa and the Middle East, the need for safe, affordable and sustainable packaging solutions is growing,” commented Tarek Bassiouni, regional head of finance & controlling AMET at Alpla. “As a system provider and technology market leader with 70 years of experience, we implement these from a single source. Our presence in Egypt plays a key role and has also been home to our central Accounting Service Hub since 2024,” he explained.
Alpla’s commitment to the circular economy is ‘paying off’, the company said as it announced a goal to double its current plastic recycling capacity to 700,000 tonnes/year by 2030.
The company posted positive financial results in 2024, fuelled by strong growth in South America, Africa, and the Middle East.