Giant Turkish Tissue Brand Sanipak Sold to Malaysia
Sanipak, housing the cleaning giants Selpak and Solo, has officially changed hands. The sale of Sanipak, which operates under the Eczacıbaşı Holding, to the Malaysia-based company Arch Peninsula Sdn Bhd, has formally taken place. The sale price was disclosed in a statement made to the Public Disclosure Platform (KAP).
The giant company, owner of Selpak and Solo, has officially been sold.
The official sale of Sanipak, the owner of Selpak and Solo, has been completed. Sanipak, operating under the Eczacıbaşı Holding, was sold to Arch Peninsula Sdn Bhd, a company based in Malaysia. The sale gained official status following the completion of necessary legal procedures and regulatory approvals. The successful conclusion of all processes was announced in a notification to the Public Disclosure Platform (KAP).
It had been stated that the sale, under the contract signed on March 20, would be carried out for 600 million dollars.
A notification regarding the sale has been made to the Public Disclosure Platform (KAP).
The details regarding the sale became public in a statement to the Public Disclosure Platform (KAP) on July 31.
The statement read, 'Within the framework of the Share Transfer Agreement dated March 23, 2026, which was signed for the sale of all our shares in Sanipak Healthy Life Products Industry and Trade Inc., all closing conditions have been fulfilled and as of July 31, 2026, the share transfer transactions related to the sale have been completed. Our company owns 37.28% of the capital in Eczacıbaşı Holding Inc., and Eczacıbaşı Investment Holding Partnership Inc. owns 11.54%.'
Nishant Grover, Co-Chairman of Arch Peninsula Investments and Chairman of the Board of Sanipak, made the following remarks:
'This transaction marks the beginning of a new era in Sanipak's growth journey, and it also carries strategic importance in terms of our goal to expand our portfolio in the region. In the coming period, we will focus on supporting Sanipak's innovation power and strengthening the regional reach of its brands. In doing so, we will continue to create long-term value for our business partners while providing a superior experience for our users.'
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