Korozo
Korozo Group is a Turkey-headquartered, privately held multinational founded in 1973 and one of Europe's largest flexible packaging manufacturers, producing films, pouches, bags, and recyclable packaging plus hygiene components for B2B brands, packers, and retailers across 80+ countries.
- Company typePrivate
- Founded1973
- HeadquartersIstanbul
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Korozo does
Korozo Group is a privately held Turkish multinational founded in 1973 and headquartered in Istanbul, operating as one of the largest flexible packaging manufacturers in Europe. It runs multiple manufacturing facilities covering film extrusion, prepress and repro, high-definition printing, converting, and advanced bag and pouch manufacturing. Its product portfolio spans recyclable and monomaterial flexible packaging, pouches, lidding films, flow pack films, thermoforming films, skin films, industrial films (stretch, protective, silage, thermosoluble, thermal lamination), and bags, with two wholly owned subsidiaries: Vitra NV (Belgian packaging solutions) and a Hygiene components division serving personal care (including masks and diaper nonwovens).
The company serves B2B customers across food and beverage (meat/fish/dairy, bakery, confectionery, convenience, dried foods, fresh produce, frozen foods, beverages), personal care, beauty care, home care, automotive care, pet care, industrial, and agricultural verticals via direct enterprise sales and a distribution network spanning 80+ countries. Pricing is quote-based and not publicly disclosed, with revenue derived primarily from one-time B2B product sales of physical packaging SKUs and hygiene components. Notable strategic positions include an EcoVadis Gold Medal sustainability rating (2024), a 2019 acquisition of Vitrapack (Belgium), a 2026 partnership with Drylock for nonwoven diaper packaging, and PE backing from Actera and Esas Holding (2017).
Korozo employs between 1,001 and 5,000 staff and is led by CEO Adam Barnett, with a specialized C-suite including Chief Innovation & Sustainability Officer, Chief Strategy & Transformation Officer, Chief Commercial Officer, Chief Operating Officer, Chief Information Officer, Chief Supply Chain Officer, Chief Marketing & Growth Officer, Chief Planning Officer, Chief Human Resource Officer, and Chief Financial Officer. The company's competitive advantages center on economies of scale, a wide European and global distribution footprint, vertical integration across extrusion-to-converting, sustainability credentials, and a 50-year operational heritage.
Korozo firmographics
Firmographics- Name
- Korozo
- Legal name
- Korozo Group
- Website
- https://korozo.com.tr
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Korozo Group is a Turkey-headquartered, privately held multinational founded in 1973 and one of Europe's largest flexible packaging manufacturers, producing films, pouches, bags, and recyclable packaging plus hygiene components for B2B brands, packers, and retailers across 80+ countries.
- Ownership category
- akta.pro rank
Korozo industry classification
Industry- Product category
- Flexible Packaging
- NAICS
- Plastics Bag and Pouch Manufacturing (326111), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)
- SIC
- Plastics, Foil & Coated Paper Bags (2673), Miscellaneous Plastics Products (3080)
- akta.pro primary industry
- Flexible Plastic Packaging (Bags, Pouches, Sachets) Manufacturing (IMANAEAC)
- akta.pro secondary industries
- Flexibles for Hygiene & Medical (Sterile Barrier, Wound Care, Diaper Backsheets) (IMALABAK), Lidding, Sealant & Packaging Webs (Heat-Seal, Peelable, Retort Lids) (IMALABAG), Industrial & Heavy-Duty Flexible Packaging (Construction, Chemicals, Liners) (IMALABAJ), Flexible Cosmetic Packaging (Pouches, Sachets, Stick Packs) (IMALAJAE), Cosmetics & Personal Care Plastic Packaging Manufacturing (IMANAEAL)
Keywords
Where Korozo is headquartered
LocationHeadquarters
- HQ city
- Istanbul
Offices1 record
Markets served
Korozo business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Flexible Packaging Products: Korozo generates revenue through manufacturing and selling flexible packaging products including pouches, films (lidding, flow pack, thermoforming, skin), bags, and industrial films. Revenue is primarily one-time transactional sales of physical packaging products to B2B customers.
- Hygiene Components: Revenue from hygiene component solutions through Korozo Hygiene division, providing products for personal hygiene manufacturers.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Korozo product offering
Product offeringCore offering
Korozo Group manufactures and sells flexible packaging products — including pouches, lidding films, flow pack films, thermoforming films, skin films, industrial films (stretch, protective, silage, thermosoluble, thermal lamination), and bags — for brands, packers, and retailers in food & beverage, healthcare, personal care, beauty care, home care, pet care, automotive, industrial, and agricultural sectors. The company also produces hygiene component solutions through its Hygiene division.
Product overview
Korozo Group is a leading multinational flexible packaging manufacturer established in 1973, headquartered in Turkey, providing innovative and sustainable packaging solutions. The company's product portfolio centers on its core Flexible Packaging division, which encompasses recyclable and monomaterial packaging, pouches, various film types (lidding, flow pack, thermoforming, skin, industrial films including stretch, protective, silage, thermosoluble, and thermal lamination), and bags. Manufacturing technologies include film extrusion, prepress & repro, printing, converting, and advanced bag & pouch manufacturing. The company operates two subsidiaries: Vitra NV (packaging solutions) and Hygiene (personal care components including masks). Products serve food and beverage, healthcare, personal care, beauty care, home care, automotive care, pet care, industrial, and agricultural markets across over 80 countries.
Differentiator
Problem solved
Functional benefit
Brands
- Vitra NV: Subsidiary specializing in flexible packaging solutions
- Hygiene
Products and services
- Pouches Flexible pouch packaging solutions sold to B2B customers in food, beverage, and personal care applications.
- Lidding Films Films for lidding applications providing sealing and protection for packaged products, sold to B2B customers.
- Flow Pack Films Horizontal flow wrapper films for automated packaging of food and non-food products, sold to B2B customers.
- Thermoforming Films Films designed for thermoforming packaging processes used in meat, dairy, and other food applications.
- Skin Films Skin packaging films that conform to product shapes for enhanced presentation and protection.
- Stretch Films Industrial stretch films for pallet wrapping and unitization in logistics and warehousing applications.
- Protective Films Industrial films providing surface protection during manufacturing, transport, and storage.
- Silage Films Agricultural films for silage preservation and storage in farming operations.
- Thermosoluble Films Specialty films that dissolve at specific temperatures for industrial applications.
- Thermal Lamination Films Films for thermal lamination processes providing protective and decorative finishes.
- Bags Flexible bag packaging solutions for various consumer and industrial applications.
- Recyclable Packaging Sustainable flexible packaging solutions designed for recyclability, featuring monomaterial constructions that support circular economy goals.
- Hygiene Component Solutions Hygiene component solutions including personal care products such as masks, operating as a separate division (Hygiene) of Korozo Group.
Quantifiable outcome
- Recyclable and monomaterial flexible packaging solutions reduce environmental impact
Companies that use Korozo
Customer profileNamed customers1 record
Segments7 records
Ideal customer profiles2 records
Korozo technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Korozo partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- DrylockcoreKorozo Group partnered with Drylock, a personal hygiene manufacturer, to deliver a groundbreaking nonwoven packaging solution for diapers. This partnership represents a first-of-its-kind innovation providing tactile brand communication for Drylock's customers, combining Korozo's packaging expertise with Drylock's hygiene product capabilities.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Korozo competitors and assessment
Company assessmentDirect peers
- Sealed Air Corporation: Global packaging company with strong flexible film and pouch offerings in food, protective, and healthcare applications. Comparable product technology (films, thermoforming) and B2B brand-customer base.
- Mondi plc: European-headquartered paper and flexible packaging producer with a sizeable flexible plastics business. Closely comparable to Korozo in end-market mix (F&B, personal care, industrial) and European scale.
- Amcor plc: Global leader in flexible and rigid packaging serving food, beverage, healthcare, and personal care. Directly competes with Korozo across flexible films, pouches, and bags with overlapping end-markets, scale, and product portfolio.
- Coveris Holdings: PE-backed European flexible packaging manufacturer offering films, pouches, and bags across food, hygiene, and industrial markets. Similar mid-tier European profile and product portfolio to Korozo.
- ProAmpac: PE-backed flexible packaging leader in films, pouches, and sustainable substrates with a growing European presence. Comparable focus on recyclable and monomaterial SKUs and on brand-owner customers.
- Constantia Flexibles: Austrian flexible packaging specialist serving food, pharma, and personal care. Closest size, geography, and product-mix peer to Korozo among European privately-held converters.
- Huhtamäki Oyj: Finnish flexible packaging and foodservice packaging group with comparable EMEA footprint and product breadth across films, pouches, and lidding — competing for the same multinational brand mandates.
- Wipak Group: European flexible packaging producer specializing in food and healthcare films and lidding. Comparable mid-size European scale, technology base, and regulatory exposure to PPWR-driven transitions.
- Schur Flexibles Group: European flexible packaging group producing films, laminates, and pouches for food, hygiene, and industrial customers. Similar size class to Korozo and overlapping technology base in extrusion and converting.
Regional players
- Polinas: Turkish flexible packaging producer and direct domestic competitor to Korozo in BOPP films and laminates. Comparable product technology and customer base but operates primarily within Turkey and nearby regions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Korozo social profiles
Digital presenceKorozo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Korozo leadership team
Management profileNumber of profiles
Profiles13 records
Korozo subsidiaries and ownership
Company hierarchySubsidiaries2 records
Korozo funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Korozo M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Korozo
What does Korozo do?
Korozo Group manufactures and sells flexible packaging products — including pouches, lidding films, flow pack films, thermoforming films, skin films, industrial films (stretch, protective, silage, thermosoluble, thermal lamination), and bags — for brands, packers, and retailers in food & beverage, healthcare, personal care, beauty care, home care, pet care, automotive, industrial, and agricultural sectors. The company also produces hygiene component solutions through its Hygiene division.
Is Korozo a public or private company?
Korozo is a private company. It is classified as private equity controlled and is currently operating.
When was Korozo founded?
Korozo was founded in 1973. It employs 1,001 to 5,000 people.
Where is Korozo based?
Korozo is headquartered in Istanbul.
How does Korozo make money?
Two revenue lines are on record. Flexible Packaging Products are the primary driver. The others are hygiene Components.
Who are Korozo's main competitors?
Direct peers on record are Sealed Air Corporation, Mondi plc, Amcor plc, Coveris Holdings, ProAmpac, Constantia Flexibles, Huhtamäki Oyj, Wipak Group and Schur Flexibles Group. Polinas is listed as a regional player.
Does Korozo have an API?
No public API is recorded for Korozo.
What industry is Korozo in?
Korozo's product category is Flexible Packaging. Its primary akta.pro industry code is IMANAEAC, Flexible Plastic Packaging (Bags, Pouches, Sachets) Manufacturing, with a secondary code of IMALABAK, Flexibles for Hygiene & Medical (Sterile Barrier, Wound Care, Diaper Backsheets). Its NAICS code is 326111 and its SIC code is 2673.