Nampak News

Nigerian can maker GZ Industries takes on Nampak with $71M South African factory

Nigerian can maker GZ Industries takes on Nampak with $71M South African factory

GZ Industries Ltd. of Nigeria plans to expand into South Africa with the construction of a 1 billion rand ($71 million) factory, becoming the second beverage-can maker after Nampak Ltd. to have operations in the country.

Andre de Ruyter, CEO of Nampak Ltd. Photographer: Waldo Swiegers/Bloomberg

Nampak Plans Glass Factories in Africa's Most Populous Nations

Nampak Ltd., Africa’s biggest maker of beverage cans, has agreed with partners to build glass-bottle manufacturing plants to take advantage of growing demand for packaged consumer goods and bottled drinks in the two countries where a quarter of Africans live — Nigeria and Ethiopia.

MultiChoice Africa appoints Tim Jacobs as new CEO

MultiChoice Africa appoints Tim Jacobs as new CEO

MultiChoice Africa has appointed Tim Jacobs, formerly chief financial officer of the pay-TV segment at MultiChoice, as the new CEO, replacing Nico Meyer who left the company for "personal reasons".

Ethos Private Equity

Ethos Private Equity agrees to acquire Nampak divisions for R1.6M ($144M)

Ethos Private Equity confirms that it has entered into an agreement to acquire Nampak’s Tissue, Corrugated and Sacks divisions for a total purchase price of R1 575 million.