Plastika Kritis is expanding into the Moroccan market, having completed on 4 November the acquisition of the entire share capital of Naturplas Industrial, S.A.R.L. from Spain’s Koex Capital, NPI’s parent company.
The acquired company is based in Tetouan, Morocco, where it also has a production facility, and manufactures polyethylene sheeting for agricultural applications. The deal gives the group its 11th plant and its first production base in Africa, extending its industrial presence to eight countries.
The acquisition strengthens Plastika Kritis’s international growth, creating new prospects in both the agricultural films market and water management and storage applications.
Access to two major agricultural markets
Morocco is an important market for agricultural applications: the country’s exports of fresh fruit and vegetables reached about 2.4 million tonnes in 2025, with 62% destined for the European Union.
Alongside its factory in Tetouan, Naturplas has a distribution centre in Agadir. Its proximity to the port of Tanger Med also provides access to the Spanish market, particularly Almeria, home to the Mediterranean’s largest concentration of greenhouses, covering around 400,000 stremmas.
The new production base brings the group close to two major agricultural hubs, creating opportunities to grow its business in films for greenhouses, low tunnels and soil mulching.
Opportunities in water and infrastructure
At the same time, the need for more efficient water resource management in Morocco and southern Spain creates further prospects for Plastika Kritis’s geomembranes. Applications include lining reservoirs, irrigation tanks and canals, as well as road infrastructure projects and landfill sites.
Tetouan’s location near the port of Tanger Med also provides access to European markets such as Portugal, Germany, the Netherlands, Belgium and the United Kingdom, as well as opportunities for further growth in West Africa.
Sales of more than €20 million in 2026
Naturplas has a modern factory, and a new investment in equipment in 2026 more than doubled its production capacity. Its sales reached €12.5 million in 2025 and are expected to exceed €20 million in 2026.
The company also has recycling equipment, creating the conditions for developing circular economy solutions and reusing raw materials.
According to the announcement, Naturplas will continue to operate under the same name and as the same legal entity, with the same management team, honouring its commitments to employees, customers and partners.
The acquisition is part of Plastika Kritis’s five-year investment plan, which aims to further strengthen the group’s production and technical capabilities.