# RMB Corvest and Alito Fund 2 acquire majority stake in Packaging World

RMB Corvest and Alito Fund 2 have partnered to acquire a majority stake in Packaging World, a South African flexible plastic packaging maker based in Pinetown, KwaZulu-Natal. Founder Dean Gianni will retain a meaningful stake.

- Type: Acquisition
- Announced: 2026-02-11
- Where: Pinetown, KwaZulu-Natal, South Africa
- Status: announced
- Products: flexible plastic packaging, reels, bags, pouches
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [RMB Corvest](https://endata.com/companies/11708.md) (investor)
- [Alito Fund 2](https://endata.com/companies/13997.md) (investor)
- [Packaging World](https://endata.com/companies/13998.md) (target)

## Sources

- [miningweekly.com](https://www.miningweekly.com/article/rmb-corvest-and-alito-fund-2-acquires-a-majority-stake-in-packaging-world-2026-02-11), 2026-02-11: "RMB Corvest and Alito Fund 2 (“Alito”) have partnered to acquire a majority stake in Packaging World"

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