AFRICAN & MIDDLE EAST NEWS
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Irish paper packaging manufacturer Smurfit Kappa commences construction of first plant in Africa
MOROCCO – Smurfit Kappa, one of the world’s largest manufacturers of innovative paper packaging solutions, headquartered in Ireland, has set base in Africa by investing…
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Nampak more than doubles headline earnings per share on improved performance across all segments
SOUTH AFRICA – Africa’s leading diversified packaging manufacturer, Nampak, has reported a 24% rise in revenue to R8.1 billion (US$520m) in the six months ended…
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Elopak boosts packaging manufacturing capacity with acquisition of MENA region’s Naturepak
MOROCCO – Global supplier of carton packaging and filling equipment, Elopak, has acquired Naturepak, the leading gable top fresh liquid carton and packaging systems…
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Competition Commission of South Africa green lights Consol buyout by Ardagh Group
SOUTH AFRICA – The Competition Commission of South Africa has recommended that the Competition Tribunal approve the proposed transaction of Consol’s Group’s acquisition by Ardagh…
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SA packaging manufacturer Mpact registers 13% rise in revenue on back of increased sales volume
SOUTH AFRICA – Mpact, one of the largest paper and plastics packaging business and recycler in southern Africa, delivered a pleasing performance in 2021, successfully…
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Distell introduces Savanna cider in cans due to glass shortage
SOUTH AFRICA – Distell, Africa’s leading cider producer has launched a limited edition of can packaging for its Savanna brand, following glass shortage. The cider…
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SA paper packaging giant Corruseal Group seeks to acquire industry peer Neopak
SOUTH AFRICA – Ethos Private Equity through its Ethos Fund VI, has agreed to offload its 100% stake in South Africa-based paper and packaging business,…
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Rwanda based Inyange Industries introduces mineral water in glass bottle
RWANDA – Inyange Industries, one of the leading food and beverage manufacturing companies in Rwanda has introduced a new look for its natural mineral water…