- CEO
- Alistair Baran Blake
- Full Time Employees
- 662
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Besiktas Turkey
- IPO Date
- Apr 25, 1995
- Business
- Frigo-Pak Gida Maddeleri Sanayi ve Ticaret A.S. is a Turkey-based food processing and beverage manufacturing company specializing in the production, packaging, and international distribution of preserved agricultural foods and non-alcoholic drinks. Founded in 1984 and headquartered in Inegol, Bursa, the company operates an integrated processing and packaging facility spanning approximately 27,000 square meters of enclosed area with an annual processing capacity exceeding 42,000 metric tons. Frigo-Pak operates through four core product divisions: Canned Products, encompassing canned citrus fruits such as mandarin orange, grapefruit, and orange segments, canned strawberries, cherries, roasted red and green peppers, artichoke hearts, roasted eggplant, and boiled pulses including red kidney beans; Frozen Products, utilizing Individually Quick Frozen (IQF) technology to process fruits and vegetables including blackberries, raspberries, strawberries, sour cherries, diced tomatoes, and bell peppers; Fruit Juices and Carbonated Beverages, producing 100% natural fruit juices, fruit nectars, carbonated soft drinks, sodas, and iced teas marketed under its proprietary Sunpride brand as well as extensive private-label manufacturing for global supermarket chains; and Purees and Concentrates, manufacturing aseptic fruit purees, vegetable purees, tomato paste, and specialized sauces. The company is primarily export-oriented, distributing its products to commercial food manufacturers, foodservice distributors, and major retail chains across more than 30 countries in Europe, North America, and Asia, with key export markets including Germany, the United Kingdom, the United States, and Japan. In recent operational and strategic developments, Frigo-Pak established a strategic partnership with agribusiness firm Merko Gida Sanayi ve Ticaret A.S., aligning management and cross-selling capabilities across tomato, citrus, and fruit product lines. The company has undertaken significant capital expenditure programs to expand overall production capacity by 55%, which includes the construction of a 6,000-square-meter modern storage and cold-chain logistics facility and the integration of advanced freeze-dry (lyophilization) processing lines to enter the high-margin freeze-dried fruit and vegetable market. Additionally, Frigo-Pak has optimized its balance sheet through treasury share sales to augment operational working capital, broadened its shareholder base with an equity stake acquired by AG Girisim Holding, and implemented green energy and circular economy practices by directing organic processing waste into bioenergy facilities for clean electricity and organic fertilizer generation.