Amcor has acquired South African flexible packaging Nampak Flexibles for the ZAR 250 million (US$22 million).
Nampak Flexibles has extrusion, lamination and conversion capabilities across three plants, and generates sales of approximately ZAR1.1 billion per annum.
The business services leading multi-national and domestic customers in the beverage, food and home care end markets.
“This acquisition provides a platform for growth in the African region,” says Amcor CEO and MD Ken MacKenzie.
“Nampak Flexibles services many of Amcor’s existing global customers and creates the opportunity to leverage our product innovation and design capabilities into this market.”