Aluflexpack AG announces closing of the acquisition of Helioflex in Tunisia

Media release

Reinach (Aargau), 24 April 2024

Aluflexpack AG (the “Group”), a leading manufacturer of premium circular flexible packaging and barrier solutions, today announces the successful closing of the acquisition of an 68% stake in Helioflex.[1] Operating one production facility in Jbel el Oust, near Tunis, Helioflex is the market leader for pharmaceutical flexible packaging in Tunisia and adjacent countries, but it is also strategically well-positioned to serve other markets in Africa.

This acquisition not only strengthens the Group’s presence in the attractive pharmaceutical market, but also paves the way for establishing a strong market position in other segments of flexible packaging in the fast-growing African market.

Read more in the Media Release!

[1] The signing of the agreement to acquire shares of Helioflex was announced on 5 October 2023: https://www.aluflexpack.com/media-releases/