LGR Emballages, one of the main European manufacturers of cardboard packaging, especially for litho-printed laminated boxes and healthcare/hygiene folding cartons, is acquiring 23,6% of Duran Dogan, the leading supplier of cardboard packaging in Turkey, with a large range of sophisticated solutions, both in terms of materials and decorations.

According to LGR, this initiative aims at reinforcing the development of Duran Dogan on the growing Turkish market and abroad. The main targets are premium cardboard packaging, spirits and cholocate/confectionary, as well as consumer goods, hygiene, healthcare.

On the other side, Duran Dogan will allow LGR to complete its offer in Europe towards its international and multisite customers, in the field of litho-printed laminated boxes and other activities. “Many sales and industrial synergies will be globally implemented,” adds LGR Emballages in a release.

Duran Dogan generated in 2012 sales of 40 million euros on its plant in Istanbul that employs around 250 full-time equivalent staffs. There will be no change in the management of the company with Dikran Acemyan and Alican Duran as Managing Directors.

LGR Emballages has 10 sites in France, Belgium and Spain, and employs 750 full-time equivalent staffs. In 2012 the group recorded 120 million euros of turnover and delivered more than 3 billion products to the main national and European market leaders of the targeted sectors.