Alpla buys out JV partner in Egypt

Alpla Group, an Austrian plastic packaging producer and recycler, has acquired the remaining shares of its Egypt-based former joint venture (JV) partner Taba.

Taba is a packaging and recycling specialist and manufacturer of plastic bottles, preforms and closures for the Africa, Middle East and Turkey (AMET) region. Its operations center is in 10th of Ramadan City near Cairo, and last year, Alpla says that site also has also been the central accounting service hub for its AMET region.

“Eight years after Alpla Taba was founded in Egypt, majority shareholder Alpla is taking over all the shares of the JV partner Taba,” the company says, portraying the move as part of its ongoing investment into North Africa.

Alpla employs around 450 people at the production plant in 10th of Ramadan City, where blow molding and injection molding technologies are used to produce plastic bottles, closures and preforms for the food, beverage, household products, beauty care and pharmaceutical industries.

“The close cooperation with Taba has laid the foundation for our success,” says Javier Delgado, regional managing director at Alpla. “During our time together, we have consolidated our market-leading position. Now we are taking the next step.

“The expertise and experience of our partner Taba helped us greatly in the successful development of this business."

Alpla says it will remain linked with Taba via another JV called DePack, also based in 10th of Ramadan City, that manufactures food packaging using thermoforming technology.

Alpla also describes itself as a pioneer in plastic recycling in North Africa, where it says production of postconsumer resins (PCR) is “strengthening the local circular economy.” In more than a dozen countries, Alpla’s recycling efforts focus on the reprocessing of polyethylene terephthalate (PET) and high-density polyethylene (HDPE) packaging.

“Everywhere in North Africa and the Middle East, the need for safe, affordable and sustainable packaging solutions is growing,” says Tarek Bassiouni, AMET regional head of finance at Alpla. “As a system provider and technology market leader with 70 years of experience, we implement these from a single source.”

Alpla acquired the former Teba JV shares Dec. 16, 2024, and both parties have agreed not to disclose the terms and conditions of the sale.