# 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.

- Type: Acquisition
- Announced: 2022-08-03
- Where: Cape Town and Port Elizabeth (Gqeberha), South Africa
- Value: $5.45M (90.0M ZAR)
- Status: completed
- Products: bag-in-box bladders, pouching, extruded film, automotive tyre liners
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Amcor Flexibles South Africa](https://endata.com/companies/9107.md) (target)
- [CTP Publishers and Printers](https://endata.com/companies/9550.md) (acquirer)

## Sources

- [moneyweb.co.za](https://www.moneyweb.co.za/news/companies-and-deals/compcom-approves-caxton-subsidiarys-amcor-operations-acquisition/), 2022-08-03: "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."

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