Amcor acquires Nampak Flexibles, the market leader in flexible packaging in South Africa, for ZAR 250 million ($22 million). Nampak Flexibles has extrusion, lamination and conversion capabilities across three plants, and generates sales of approximately ZAR1.1 billion ($94 million) per annum.

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Amcor acquires Nampak Flexibles for ZAR 250 million ($22 million)

Mar 27, 2015. /Lesprom Network/. Amcor acquires Nampak Flexibles, the market leader in flexible packaging in South Africa, for ZAR 250 million ($22 million), as the company said in the press release received by Lesprom Network.

Nampak Flexibles has extrusion, lamination and conversion capabilities across three plants, and generates sales of approximately ZAR1.1 billion ($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.”

Amcor is a global leader in responsible global packaging solutions supplying a broad range of rigid & flexible packaging products into the food, beverage, healthcare, home and personal care and tobacco packaging industries.