Amcor to acquire South African converter Nampak Flexibles

Australian packaging-converting giant Amcor will acquire Nampak Flexibles, the market leader in flexible packaging manufacturing in South Africa, for about US$22 million.

Nampak Flexibles has extrusion, lamination and conversion capabilities across three plants, and generates sales of approximately US$94 million a year. The business serves leading multinational and domestic customers in the beverage, food and home-care end markets.

Amcor CEO/managing director Ken MacKenzie says, “This acquisition provides a platform for growth in the African region. Nampak Flexibles has an experienced management team and is the market leader in South Africa. It services many of Amcor’s existing global customers and creates the opportunity to leverage our product innovation and design capabilities into this market.”

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