Segezha, which is owned by Russia’s ILP Group, is the world’s second largest manufacturer of industrial paper sacks. It produces about 1.3 billion paper sacks annually in high-quality production facilities in ten countries, across Europe and Russia, and employs around 1500 people.
The 2 plants acquired by Segezha are in Izmir, in the western part of Turkey, and Elazig, in the eastern part of the country. With 5 modern production lines, an experienced work force, a strong management team and an excellent position in the Turkish cement market, the operations are an excellent fit within Segezha’s global paper sack operations. This purchase strengthens Segezha’s already strong position in the fast growing Emerging European markets region and provides an excellent base for further expansion.
Segezha will now be in an even stronger position to meet the requirements of our customers, with an extended market coverage and manufacturing capacity in Turkey.