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M&A Deal Summary

Altea Packaging Acquires Cogitel

On December 31, 2006, Altea Packaging acquired packaging company Cogitel

Acquisition Highlights
  • This is Altea Packaging’s 1st transaction in the Packaging sector.
  • This is Altea Packaging’s 1st transaction in Tunisia.

M&A Deal Summary
Date 2006-12-31
Target Cogitel
Sector Packaging
Buyer(s) Altea Packaging
Deal Type Add-on Acquisition

Target

Cogitel

Les Berges du Lac, Tunisia
COMPTOIR GENERAL D’IMPRESSION ET DE TRAITEMENT DES EMBALLAGES “COGITEL” was created in 1985 by Mr. Hédi ZGHAL. It is specialized in the manufacture of flexible packaging that is mainly destined to the food industry. Its largest clients are makers of pasta, biscuits, ice cream, yogurt etc. Since its creation, the company has opted for the manufacturing process called helio-engraving, which is generally used for large series. This process insures constant good quality products. COGITEL obtained the ISO 9002 certification and has continued to improve the quality of its products and services. The company is the leader in its sector in Tunisia.

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Buyer(S) 1

Buyer

Altea Packaging

Tunis, Tunisia
Category Company
Founded 1984
Sector Packaging
DESCRIPTION

Altea Packaging is a group of flexible and proactive SMEs, specializing in the development, transformation, and printing of packaging. Altea Packaging thus offers a local offer to all the multinationals present throughout the region as well as to all companies looking for quality service from a reliable supplier with proven experience. Altea Packaging was established in 1984 and is headquartered in Tunis, Tunisia.

DEAL STATS #
Overall 1 of 1
Sector: Packaging M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Tunisia M&A 1 of 1
Year: 2006 M&A 1 of 1
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