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Aug 3, 2022ACQUISITIONCape Town and Port Elizabeth (Gqeberha), South Africa

CTP acquires two Amcor South Africa flexible packaging operations for R90 million

Caxton subsidiary CTP acquired Amcor's Cape Town bag-in-box and pouching operations and its Port Elizabeth operation for R90 million, effective 1 August 2022 after competition approval.

Value

$5.45M (90.0M ZAR)

Status

Completed

Productsbag-in-box bladderspouchingextruded filmautomotive tyre liners

CompaniesAmcor Flexibles South Africa target CTP Publishers and Printers acquirer

Sectors#Packaging #Plastics and Polymers

“The acquisition of Amcor Cape Town Bag in Box and Pouching operations and of Amcor Port Elizabeth, valued at R90 million, was implemented with effect from 1 August.”moneyweb.co.za

1 source
moneyweb.co.zaCaxton unit acquires two Amcor operations - MoneywebAug 3, 2022

Summarized from public sources; check the original articles before acting on it.

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