- CEO
- Mehmet Bagir
- Full Time Employees
- 98
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- Istanbul Turkey
- IPO Date
- Feb 18, 2015
- Business
- Özerden Ambalaj Sanayi A.Ş. is a Turkey-based industrial manufacturing company specializing in protective packaging materials, cold-chain thermal packaging, and building insulation solutions. Founded in 1958 and headquartered in Istanbul, Turkey, the company conducts primary manufacturing operations at its production facility in Dilovası, Kocaeli, and serves both domestic and international markets, supported in Europe by its subsidiary, Bizofol GmbH. The company designs, manufactures, and supplies a comprehensive portfolio of packaging and insulation solutions across key categories: thermal insulation packaging systems designed for temperature-sensitive goods, including cold-chain solutions marketed under the Thermo Airsafe, Thermo Mailer, Thermo Bag, Thermo Pharma, Thermo Boxliner, Thermo Cover, and Thermo Liner brands; in-the-box protective packaging, including paper cushioning, air cushion systems, void-fill products, and protective padding marketed under the Papersafe, Airsafe, Airbed, and Chocolate Pad brands, as well as integrated paper packaging solutions in partnership with Ranpak; general protective packaging materials, including single and multi-layer air bubble films, polyethylene foam rolls and sheets, bubble envelopes, kraft-laminated bubble wrap, and customized pouch solutions marketed under the Balondüla and Netkraft brands; and reflective building insulation products, including radiant barriers, multi-foil insulation materials, vapor permeable underlayment membranes, moisture control layers, and thermal barrier membranes marketed under the Bizofol brand. The company caters to diverse end markets, including e-commerce, third-party logistics (3PL), pharmaceuticals, healthcare, electronics, automotive, chemicals, cosmetics, furniture, and residential and commercial construction. In recent major developments, the company experienced a significant shift in corporate ownership following the acquisition of a 45.92% controlling stake by Yucatan Investment Ltd. from founding shareholder Naci Tamer Özerden, which triggered a mandatory takeover bid. In alignment with this ownership transition, the company initiated a comprehensive strategic reorganization to reposition its core business toward renewable energy generation, technology, and construction, initiating corporate actions to rebrand as Sovilar Enerji Bilişim İnşaat ve Sanayi Anonim Şirketi, divest its 100% equity stake in subsidiary Bizofol Yalıtım Sanayi A.Ş., and monetize legacy manufacturing machinery and equipment.