Hartmann Packaging A/S and Dentaş Kağıt Sanayi AŞ Announce Agreement for Acquisition of Dentaş Romania

Hartmann Packaging A/S and Dentaş Kağıt Sanayi AŞ are pleased to announce that they have entered into a definitive agreement under which Hartmann will acquire SC Dentaş Romania SRL, a subsidiary of Dentaş Kağıt Sanayi AŞ. The completion of the transaction is subject to customary regulatory approvals.

Founded in 2004 and located in Tărtăşeşti, Dâmboviţa County, Romania, SC Dentaş Romania SRL specializes in the production of moulded fiber packaging solutions. The company has played a key role in expanding Dentaş’ regional footprint and product offering. 

As a part of the Abalıoğlu Group, Dentaş Kağıt Sanayi AŞ has grown into a leading provider of moulded fiber packaging, with production facilities in Denizli and Aksaray, Turkey, alongside its operations in Romania. This transaction is aligned with Dentaş’ strategic focus on its core markets and creates an opportunity to generate further value by transferring its Romanian operations to a dedicated global player in the industry. 

Oğuz Abalıoğlu, representing the principal shareholder of Dentaş Kağıt Sanayi AŞ, commented:

"We are proud of what Dentaş Romania has accomplished over the years. Partnering with Hartmann, a company with deep expertise and commitment to molded fiber packaging, ensures continued growth under focused and experienced leadership. This marks a positive step forward for our employees, customers, and long-term strategic direction." 

MP Corporate Finance acted as the exclusive financial advisor to Dentaş Kağıt Sanayi AŞ. 

Torben Rosenkrantz-Theil, CEO of Hartmann Packaging A/S, stated:

"This acquisition is a strategic step in expanding our European footprint by adding production capacity and broadening our product range in key growth markets. Integrating Dentaş Romania’s capabilities will enable us to better serve our customers and meet the growing demand for sustainable packaging solutions."