Ringmetall SE is acquiring a 75.1% majority stake in Tesseraux SA, a Cape Town bag-in-box producer into which Vinbag operations are contributed, with a call option on the remaining 24.9%. The purchase price was not disclosed.
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.
South Africa's Competition Tribunal unconditionally approved Mpact Operations' proposal to increase its shareholding in Seyfert Corrugated Western Cape, a Western Cape maker of corrugated boxes and packaging. The Tribunal decision was published on April 4, 2025.
WPIL Limited, the holding company of APE Pumps, has acquired a 100% shareholding of Eigenbau in South Africa. The date is not specified in the article, which was published March 10, 2025.
RMB Corvest and Dlondlobala Capital concluded a management buyout of Nampak Liquid Cartons, Nampak Zambia and Nampak Malawi, which will be held in the newly formed Diversified Liquid Packaging Group.
RMB Corvest and Dlondlobala Capital concluded a management buyout of Nampak Liquid Cartons, Nampak Zambia and Nampak Malawi, which will join the newly formed Diversified Liquid Packaging Group. The deal's value was not disclosed.
Atlas Copco acquired Integrated Pump Rental, a South African rental provider of dewatering solutions headquartered in Johannesburg with 18 employees.
South Africa's Competition Commission approved Guala Closures' proposed acquisition of Astir Vitogiannis, whose subsidiary Coleus Packaging is a major crown cork supplier in Southern Africa. The approval comes with specific conditions.
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.
South Africa's Competition Commission conditionally approved KSB's proposed acquisition of Davron, Davron KZN and Davron Services, fire protection pumpset makers. The commission found the deal unlikely to substantially lessen competition.
Nampak agreed to sell its South African liquid cartons business and its stakes in Nampak Zambia and Nampak Malawi to a consortium of RMB Corvest and Dlondlobala Capital for R450 million.
South Africa's Competition Tribunal approved without conditions the intermediate merger between Rebel Packaging, an indirect subsidiary of Mpact, and corrugated sheetplant Box Boyz.
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.
Triveni Turbines DMCC, a subsidiary of Triveni Turbine Ltd, acquired a 70% majority stake in South African engineering firm TSE Engineering for R11.9 million, announced April 2022.
Caxton subsidiary CTP Limited agreed to acquire Amcor's bag-in-box and pouching operations in Cape Town and its Port Elizabeth operations for a cash consideration of R90 million. The deal adds packaging capacity in South Africa.
Caxton and CTP Publishers and Printers, through subsidiary CTP Limited, agreed to acquire as a going concern the Amcor bag-in-box and pouching operations in Cape Town and the Port Elizabeth operations for R90 million cash, subject to competition approval.
Ethos Fund VI agreed to sell 100% of paper and packaging business Neopak Holdings to South African Corruseal Group for an undisclosed sum. Neopak has annual revenue of about R1.1bn and operates a paper mill in Rosslyn, Pretoria.
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.
Howden acquired Fancraft (Pty) Ltd in June 2021, a South African firm with over 30 years of service for maintenance, repair and installation of air and gas rotating equipment, adding to its Howden Africa Compressors and Turbines division.
Linde Offeror announced a firm intention to acquire the Afrox shares not already owned by the Linde group, via a scheme of arrangement and standby offer, leading to Afrox's delisting. Afrox is a South African industrial gases company.
Huhtamaki agreed to acquire 70% of privately owned flexible packaging manufacturer Everest Flexibles in South Africa for an enterprise value of EUR 58 million, paid partly in cash and partly in shares.
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.
Aveng Limited agreed to sell its Aveng Dynamic Fluid Control valve and pump business, with operations in South Africa, Finland, USA, Brazil and Australia, to Copaflo for R165 million. The deal is expected to close by 31 October 2019.
Valve manufacturer Ainsworth Engineering and distributor United Valve Company were sold to new owner Siyabonga Meyiwa in a deal funded by the Industrial Development Corporation. The sale concluded in September 2018 and the companies were upgraded to Level 1 BBBEE status.
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.