# Transpaco to buy FPM's packaging business for up to R105m

Transpaco will acquire Future Packaging and Machinery (FPM) for up to R105 million. FPM supplies industrial and general packaging products through distribution centers in South Africa.

- Type: Acquisition
- Announced: 2017-12-20
- Where: South Africa
- Value: $7.80M (105.0M ZAR)
- Status: announced
- Products: industrial and general packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Transpaco](https://endata.com/companies/28955.md) (acquirer)
- [Future Packaging and Machinery](https://endata.com/companies/28956.md) (target)

## Sources

- [bizcommunity.com](https://www.bizcommunity.com/Article/196/178/171553.html), 2017-12-20: "FPM is an attractive target business prospect for Transpaco to expand its business"
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-transpaco-bunzl-crown-holdings/), 2017-12-22: "The acquisition is expected to help Crown expand and diversify its customer base and increase cash flow."

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