RMB Corvest in deal with packaging giant Nampak

Nampak to sell its liquid cartons business in South Africa, along with shares in Nampak Zambia and Nampak Malawi.

Africa Private Equity News’ Connect messaging service is now free. Directly message other private equity professionals in our community.

1. Download the free Africa Private Equity News app: Android | iOS (or search for it in the app store)

2. Tap on the top-right icon to log in or register a free account

3. Tap on bottom-right Connect icon to start chatting

---

Johannesburg Stock Exchange-listed packaging group Nampak has entered into an agreement to sell its liquid cartons business in South Africa, along with shares in Nampak Zambia and Nampak Malawi, to a consortium involving private equity group RMB Corvest and Dlondlobala Capital.

The disposal is for a consideration of R450 million (c. $24 million).

Read the full announcement.

* Subscribe to Africa Private Equity News’ monthly Dealmaker’s Log for a database of the reported investment deals, exits and fundraising closes. Click here for more information.