Amcor acquires South African converter Nampak Flexibles

摘要

In March Australia's Amcor Ltd announced the acquisition of Nampak Flexibles, South Africa's leading flexible packaging converter, in a Rand 250 million ($US22 million) deal. This acquisition marks the first significant commitment by a major multinational flexible packaging converter to establish a significant manufacturing presence in Africa. Up to now Coveris has had a small plant in Egypt; Amcor has operated one in Morocco; and Indian investors have operated in Nigeria.