Nampak Flexibles now part of Amcor

PACKAGING leader Amcor has made a major investment in South Africa with the recent acquisition of Nampak Flexibles. The company based in Australia acquired Nampak for US$22 million (ZAR 250 million).

Nampak is a leading flexible packaging company with three plants for extrusion, lamination and conversion services for the beverage, food and home care end markets. It generates annual sales of about $94 million (ZAR1.1 billion).

“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,” said Amcor CEO and Managing Director, Ken MacKenzie.

Amcor provides rigid & flexible packaging products to the food, beverage, healthcare, home and personal care and tobacco packaging industries in over 43 countries.