Romania clears Islambay's acquisition of Sterk Plast
Romania's Competition Council has cleared the acquisition of plastics packaging company Sterk Plast S.R.L. by individual investor Suleyman Islambay, who already held a stake in the business. Islambay also holds interests in Ecofriend Recycling S.R.L., a Romanian recycling and collection company. No transaction value or further deal terms were disclosed.
Why this mattersClearance consolidates control of a Romanian plastics packaging producer under an owner who also holds a local waste collection and recycling business.
- Romania's Competition Council approved the acquisition of Sterk Plast S.R.L. by Suleyman Islambay on 19 September 2026.
- Islambay already held an interest in Sterk Plast S.R.L. before the transaction.
- Islambay also holds interests in Ecofriend Recycling S.R.L., a Romanian collection and recycling company.
- No deal value or details of Sterk Plast's operations were disclosed.