Ringmetall acquires Turkish liner specialist Makplast to strengthen industrial packaging portfolio

TURKEY – Ringmetall SE has signed an agreement to acquire Turkey-based liner manufacturer Makplast Makine Plastik Sanayi ve Ticaret, marking another strategic move to expand its presence in the global industrial packaging sector.

The acquisition, whose financial terms were not disclosed, will be executed through a share purchase.

Once finalized, Makplast will become part of Ringmetall’s growing liner business segment, which supplies components used in industrial packaging solutions across multiple industries.

Makplast specializes in the production of liners used in liquid packaging applications for sectors such as food and beverages, chemicals, and other industrial liquids.

These liners are critical for maintaining product integrity, preventing contamination, and ensuring safe storage and transportation of bulk liquids.

Through the acquisition, Ringmetall aims to strengthen its footprint in Turkey while expanding its liner manufacturing capabilities in a strategically important market bridging Europe and Asia.

The company has identified Turkey as a key growth hub due to its strong manufacturing base, expanding packaging sector, and proximity to major export markets.

Makplast employs around 45 people and generates annual revenues in the mid-single-digit million-euro range.

The company also reports an above-average EBITDA margin, making it an attractive addition to Ringmetall’s portfolio. Integration into the group is expected to take place gradually over the coming months.

Commenting on the deal, Christoph Petri, CEO of Ringmetall, said the acquisition supports the company’s long-term growth strategy.

“The acquisition of Makplast is another logical step in our buy-and-build strategy,” Petri said.

“With Makplast, we are gaining an excellently positioned liner specialist while strengthening our market position in Turkey, a strategically important growth market at the crossroads between Europe and Asia. Such acquisitions form the basis for sustainable, high-margin growth.”

The move follows another recent investment by Ringmetall aimed at expanding its industrial packaging solutions portfolio.

In 2024, the company acquired a stake in Evopack, a Stuttgart-based start-up focused on innovative packaging systems for industrial liquids and coatings.

Evopack developed a packaging solution marketed under the name Boxli 1000, a bag-in-box system designed to handle liquids, water-based paints, and granulates.

The solution can store up to 1,000 litres and targets applications in the paints and coatings sector, where efficient and safe bulk handling is increasingly critical.

The Makplast acquisition reflects a broader trend in the industrial packaging industry, where established players are pursuing targeted acquisitions to strengthen supply chains, expand geographic reach, and add specialized packaging technologies.

As global demand for safe and efficient bulk liquid packaging continues to grow, companies such as Ringmetall are positioning themselves to capture new opportunities across emerging manufacturing hubs.

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