RMB Corvest and Alito Fund 2 have partnered to acquire a majority stake in Packaging World, a South African flexible plastic packaging maker based in Pinetown, KwaZulu-Natal. Founder Dean Gianni will retain a meaningful stake.

Private equity firm Agile Capital has acquired a significant minority stake in Berry Astrapak, a South African manufacturer of rigid moulded and thermoformed plastic packaging. The article does not state the deal value.

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.

South Africa's Competition Tribunal unconditionally approved CTP Limited's acquisition of the packaging operations of Amcor Flexibles South Africa in Cape Town and Port Elizabeth, including bag-in-box laminate production and tyre-liners.

Austrian packaging converter ALPLA has acquired Verigreen Packaging, a South African maker of bottles and canisters for lubricants, with a site in Durban. Financial terms were not disclosed.

Huhtamaki agreed to acquire 70% of Everest Flexibles, a private flexible packaging manufacturer in Durban, South Africa, at an enterprise value of EUR 58 million. Sellers will hold 30% of Huhtamaki's South African activities through a joint venture; completion is subject to competition approval.

Huhtamaki agreed to acquire a 70% majority stake in privately owned flexible packaging maker Everest Flexibles in Durban, South Africa, at an enterprise value of EUR 58 million. Everest has annual net sales of about EUR 40 million and about 420 employees.

Novus Holdings agreed to acquire control of ITB Manufacturing, a South African maker of flexible packaging and security bags, through its subsidiary Paarl Media. Purchase consideration is R180 million plus an EBIT-based amount, capped at R300 million in aggregate.