# Guala Closures to acquire Astir Vitogiannis and its Coleus Packaging unit in South Africa

South Africa's Competition Commission approved Guala Closures' proposed acquisition of Astir Vitogiannis, whose subsidiary Coleus Packaging is a major crown cork supplier in Southern Africa. The approval comes with specific conditions.

- Type: Acquisition
- Announced: 2024-08-05
- Where: South Africa
- Status: announced
- Products: aluminium bottle closures, crown corks, metal crown caps
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Guala Closures](https://endata.com/companies/2176.md) (acquirer)
- [Coleus Packaging](https://endata.com/companies/11557.md) (partner)
- [Astir Vitogiannis](https://endata.com/companies/11636.md) (target)

## Sources

- [bizcommunity.com](https://www.bizcommunity.com/article/guala-closures-to-acquire-coleus-packaging-and-dominate-cap-market-472999a), 2024-08-05: "The Competition Commission has approved the proposed acquisition of Astir Vitogiannis by Italian-based company and wholly owned subsidiary of Special Packaging Solutions Investments (SPSI), Guala Closures."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.