Teknika Plast to launch IPO to fund industrial expansion

Teknika Plast, a Turkish company specializing in hard plastic food packaging and industrial plastics, has received approval from the Capital Markets Board (SPK) for its initial public offering (IPO). The company's shares are scheduled to be traded on August 12-14, 2026.

Founded in 1993, the company operates manufacturing facilities in Manisa and Eskişehir and employs over 900 people, with a 55% female workforce. Teknika Plast reported 5.8 billion TL in sales revenue and 1.1 billion TL in EBITDA for the 2025 fiscal year.

The proceeds from the IPO will be utilized to complete a 42 million euro investment in a second packaging facility in Manisa, reduce financial debt, strengthen working capital, and fund potential new investments or acquisitions.