Nampak closes Nigeria Metals business, sells property and equipment

Nampak closed its Nigeria Metals business due to subdued demand and entered into an agreement to sell the property and equipment to Twinings Ovaltine Nigeria Limited. The closure was effective July 31, 2023.

“Nampak made a decision to close its Nigeria Metals business with effect from 31 July 2023 due primarily to subdued demand for metal can products manufactured by this operation”listcorp.com

• 1 source
• listcorp.comDisposal of property and equipment in Nigeria - Nampak Limited (JSE:NPK) - Listcorp.Aug 30, 2023

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