Alpla announces joint venture with Taba
The Austrian Alpla Group and the Egyptian Taba Group have signed a partnership agreement in the form of a joint venture. Alpla will take on a majority shareholding in the company which will begin operating under the name of Alpla Taba. The contracting parties have agreed not to disclose the details of the agreement.
Taba was founded in 1988 in Egypt and has two locations in El Obour, close to Cairo. The company produces plastic bottles and closures for international customers in the pharmaceutical, home care, body care, food and beverage industries. It is active in various parts of Africa as well as in the Middle East.
With this step, Alpla intends to strengthen its market position in Africa. The specialist in plastic packaging has had a production site in Johannesburg since 2014. At the end of 2015, Alpla took over the Egyptian site of Argo S.A. in El Obour.
