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Mar 23, 2022REGULATIONSouth Africa South Africa's competition commission blocks Corruseal's acquisition of Neopak
The Competition Commission of South Africa prohibited the proposed acquisition of Neopak Limited by Corruseal Group, finding it would substantially lessen competition in recycled containerboard supply. Ethos Private Equity had agreed to sell Neopak in December 2021 for an undisclosed sum.
Productsrecycled containerboard papercorrugated sheetsbox packaging
“The Competition Commission of South Africa has prohibited the proposed acquisition of Neopak Limited by Corruseal Group”foodbusinessafrica.com
- 2 sources
- foodbusinessafrica.comCompetition Commission of South Africa bars Neopak, Corruseal merger citing its anti-competitive | Food Business Middle East & Africa - No.1 Food & Beverage Formulation, Processing & Packaging PublicationMar 23, 2022
- foodbusinessmea.comCompetition Commission of South Africa bars Neopak, Corruseal merger citing its anti-competitive | Food Business Middle East & Africa - No.1 Food & Beverage Formulation, Processing & Packaging PublicationMar 23, 2022
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