Sirius Plastik Acquires PIA Akrilik from Plaskolite

December 23, 2021

Sirius Plastik, a Çeker family–owned special purpose vehicle, has acquired all outstanding shares of PIA Akrilik from Plaskolite Inc. PIA Akrilik is the leading Turkish manufacturer of cast acrylic sheets (sold under the Castplas brand), operating a 26,376 m² facility in Malatya with c.7,500 tons annual capacity; Sirius Plastik said it will invest to strengthen the company’s capital structure and support regional growth.

Buyers
Sirius Plastik
Targets
PIA Akrilik
Sellers
Plaskolite Inc.
Industry
Manufacturing
Location
Malatya, Turkey
Transaction Type
Buyout

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