The Competition Authority of Kenya approved Metal Cans & Closures acquiring plant, machinery, properties and inventory from Nampak Kenya, a subsidiary of South Africa-based Nampak. The deal expands Metal Cans into feed cans, crown caps and shoe polish containers, with no employment impact stated.
Kenya's Competition Authority approved Ramco Plexus's acquisition of Platinum Packaging, a flexible packaging film maker jointly owned by Ramco Group and Carton Manufacturers. Ramco Plexus will pay Carton about KES500m (US$4.27m) for its 50% stake.
Kenya's Competition Authority unconditionally approved Ramco Plexus's acquisition of sole control of flexible packaging maker Platinum Packaging, which it will buy from Carton Manufacturers for about KES500m ($4.27m).