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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.
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.
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.
