AMCOR
Purchase of South Africa's Nampak Flexibles
Australian packaging giant Amcor (Abbotsford; www.amcor.com) is paying USD 22m to acquire what it says is South Africa’s leading flexible packaging producer, Nampak Flexibles – part of packaging giant Nampak (Sandton / South Africa; www.nampak.co.za). The purchase will provide “a platform for growth in the African region,” Amcor CEO Ken MacKenzie – who will retire at year’s end (see Plasteurope.com of 10.02.2015) – said.
Nampak Flexibles operates three plants in South Africa, located in KwaZulu-Natal, Western Cape and Port Elizabeth. The company specialises in extrusion, lamination and conversion and last posted sales of about USD 94m.
Nampak Flexibles operates three plants in South Africa, located in KwaZulu-Natal, Western Cape and Port Elizabeth. The company specialises in extrusion, lamination and conversion and last posted sales of about USD 94m.
31.03.2015 Plasteurope.com [230870-0]
Published on 31.03.2015
German version of this article...