After buying out its joint venture partner Samo, Siegwerk is now the 100 per cent owner of one of Turkey’s leading producer of packaging inks.

The company’s name is changed from Sicpa-Samo to Siegwerk Turkey.
With 100 per cent ownership of the company, Siegwerk says it can now invest in transferring resources and know-how to the site which will serve as one of the company's centres of excellence, producing the base inks and whites that serve as the building blocks for Siegwerk’s numerous customised products. The site, which is located in Istanbul and has 43 employees, will also have a sales team and a distribution center.
Siegwerk Turkey has its roots in the year 1963 when it was established as Samo, producing mainly solvent-based inks for the flexible packaging sector of Turkey and neighbouring markets.  Later, Sicpa Packaging and Samo formed a joint venture; when Siegwerk merged with Sicpa’s packaging division last year, the company took over Sicpa’s role as Samo’s partner in the joint venture. On 5 July of this year, Siegwerk acquired the remaining shares of Samo to become the company’s 100 per cent owner. (ci)