Mpact Operations gains tribunal nod to boost stake in Seyfert Corrugated Western Cape

SOUTH AFRICA – Mpact Operations, a key player in Southern Africa’s packaging and recycling sector, has received unconditional approval from the Competition Tribunal to increase its shareholding in Seyfert Corrugated Western Cape.

The decision marks a strategic milestone for Mpact as it continues to deepen its footprint in the corrugated packaging segment, particularly in high-demand sectors such as wine, agriculture, and industry.

Mpact Operations is a wholly owned subsidiary of Mpact Limited, which is listed on the Johannesburg Stock Exchange (JSE).

As the largest paper and plastics packaging group in Southern Africa, Mpact has a broad portfolio that spans corrugated packaging, plastic containers, and recycling solutions.

The group is leading the charge in promoting circular economy principles, operating some of the region’s most advanced recycling and paper manufacturing facilities.

Seyfert Corrugated Western Cape, the subject of this acquisition, is a well-established manufacturer of converted corrugated cardboard packaging products.

Based in the Western Cape, Seyfert primarily serves the wine industry, one of the region’s most valuable export sectors, as well as agricultural and industrial customers.

Its product line includes corrugated boxes tailored to protect and brand premium perishable goods and manufactured items.

This merger is in line with Mpact’s recent investment strategy, which aims to expand its capacity and market share in niche and regional packaging markets.

In the past, Mpact has invested heavily in both infrastructure and technology upgrades, including a R765 million (US$39.29m) investment in a new recycled containerboard machine at its Felixton mill and the expansion of its corrugated plant in Port Elizabeth.

These investments have enabled Mpact to offer high-quality, sustainable packaging solutions for both domestic and export markets.

By increasing its stake in Seyfert, Mpact strengthens its position in the Western Cape, a hub for agriculture and wine exports.

The merger is expected to unlock synergies across production, logistics, and customer engagement. This will allow the company to better serve regional clients while also improving efficiency and responsiveness to market demands.

The Competition Tribunal’s unconditional approval suggests the deal poses no risk to market competition.

For Mpact, it signals a green light to proceed with strategic consolidation and further invest in capabilities that align with customer needs and sustainability objectives.

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