Elba Bant, a leading Turkish producer of protective films and adhesive tapes was sold to Mediterra Capital

ÜNLÜ & Co acted as sell side advisor to Elba Bant Sanayi ve Ticaret A.Ş.

Company
Elba Bant Sanayi ve Ticaret A.Ş.
Transaction
Sector
Activity
Manufacture of films and tapes
Date
Country
Türkiye

Founded in 1959, Elba Bant has established itself as a prominent producer of protective films, adhesive tapes, and stretch films. The company operates a modern production facility near Istanbul, with a total closed area of 32,000 sqm, and employs approximately 240 people.

With this transaction, Mediterra Capital, a private equity firm focused on growth investments in Türkiye, acquired a majority stake in Elba Bant to support its expansion and improve operational capabilities. Following this, the EBRD invested c. EUR 10 mn for a minority stake to enhance Elba Bant’s international competitiveness and support governance improvements.