Sector News

Amcor announces acquisition of Nampak Flexibles

April 1, 2015
Chemical Value Chain
Amcor announces today, the ZAR 250 million (USD 22 million) acquisition of Nampak Flexibles, the market leader in flexible packaging in South Africa.
 
Nampak Flexibles has extrusion, lamination and conversion capabilities across three plants, and generates sales of approximately ZAR1.1 billion (USD 94 million) per annum. The business services leading multi-national and domestic customers in the beverage, food and home care end markets.
 
Amcor CEO and Managing Director, Ken MacKenzie said: “This acquisition provides a platform for growth in the African region. “Nampak Flexibles has an experienced management team and is the market leader in South Africa. It services many of Amcor’s existing global customers and creates the opportunity to leverage our product innovation and design capabilities into this market.”
 
Source: Amcor

Join the discussion!

Your email address will not be published. Required fields are marked *

Related News

November 27, 2020

Ineos and Hyundai announce collaboration surrounding hydrogen economy

Chemical Value Chain

Hyundai and INEOS will jointly investigate opportunities for the production and supply of hydrogen, as well as the worldwide deployment of hydrogen applications and technologies.

November 27, 2020

Partnership to develop AI technologies for industry

Chemical Value Chain

Wood and industrial software company Cognite have partnered to accelerate industrial transformation by creating AI technologies that will allow heavy-asset infrastructure and industry to achieve more connected, sustainable, and data-driven operations.

November 27, 2020

Shell launches ‘blue’ hydrogen technology

Chemical Value Chain

Shell Catalysts & Technologies, which licenses technologies and brings capabilities to market, has launched Shell Blue Hydrogen Process, aimed to significantly increase the affordability of greenfield “blue” hydrogen projects.

Send this to a friend