SAS Finance successfully completed the sale of Elif Plastik A.S. to Turkven Private Equity.
Turkven Private Equity completed the acquisition of majority stake in Elif Plastik A.S., the leading personal and home care flexible packaging manufacturer.
SAS Finance acted as exclusive financial advisor to Elif in this transaction.
Elif is a leading personal and home care flexible packaging manufacturer. The Company serves a multinational customer base in more than 50 countries across the DACH, CEE and North Africa regions. Elif has over 1,400 employees in two factories located in Turkey and Egypt.
Turkven is the leading private equity firm in Turkey since 2000 with an AUM of $2 billion.